Bank for International Settlements

Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023  |  Banking

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
September 27, 2023  |  CBDC

Nearly every country on Earth has a central bank digital currency (CBDC) project in play. However, nearly 80% of the world’s central banks are either...

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BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
September 06, 2023  |  Insurance

Big Tech and big data have the opportunity to remake entire industries. The Bank for International Settlements (BIS) noted in its Aug. 31 paper, “From Clicks to...

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BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk
BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk
August 23, 2023  |  Cryptocurrency

Have cryptocurrencies achieved their promise? A new Bank for International Settlements (BIS) report argued they haven’t. Cryptocurrency has put emerging market economies (EMEs) at risk, BIS said in...

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Ripple Joins BIS Task Force for Cross-Border Payments
Ripple Joins BIS Task Force for Cross-Border Payments
August 11, 2023  |  Payment Methods

Enterprise blockchain and crypto solutions provider Ripple is among the members of a cross-border payments task force recently formed by the Bank for International Settlements (BIS). As part of the cross-border...

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Quant Opens Blockchain Infrastructure Platform to Businesses
Quant Opens Blockchain Infrastructure Platform to Businesses
June 26, 2023  |  Blockchain

Blockchain-for-finance firm Quant has opened its infrastructure platform to business customers. The company’s Overledger Platform — used in the Bank of England and Bank for...

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Top Central Banks Approaching Critical Go-Forward Mark With CBDC Research
Top Central Banks Approaching Critical Go-Forward Mark With CBDC Research
May 31, 2023  |  CBDC

It is a time of profound, sweeping changes across finance, technology, and society. As money and other alternative payment vehicles continue to ride the ever-cresting...

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