Bank for International Settlements

Tokenized Deposits Gain Currency Around the Globe
Tokenized Deposits Gain Currency Around the Globe
April 24, 2023  |  Blockchain / Distributed Ledger

In the debate over stablecoins vs. cryptocurrencies, it may be tokenized deposits that wind up gaining ground. Tokenized deposits are tied to existing bank deposits;...

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Lagarde Says Digital Euro May Give Europe Greater Resiliency
Lagarde Says Digital Euro May Give Europe Greater Resiliency
March 21, 2023  |  CBDC

A digital euro may provide Europe with greater resiliency and autonomy. So said European Central Bank President Christine Lagarde during a virtual event hosted by...

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As Fiat Beats Bitcoin, BIS Head Eyes CBDCs and Tokenized Deposits 
As Fiat Beats Bitcoin, BIS Head Eyes CBDCs and Tokenized Deposits 
February 23, 2023  |  Cryptocurrency

The dust has settled. The battlefield is still. And, as has been widely reported this week, Agustín Carstens, general manager of the Bank for International...

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Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...

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Study: CBDCs, Private Stablecoins Can Work Together
Study: CBDCs, Private Stablecoins Can Work Together
October 21, 2022  |  CBDC

The Bank for International Settlements (BIS) and Hong Kong Monetary Authority said they’ve conducted an experiment showing central bank digital currencies (CBDCs) can work in...

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Simplifying X-Border Flows Key to Achieving Global CBDC Interoperability
Simplifying X-Border Flows Key to Achieving Global CBDC Interoperability
October 09, 2022  |  CBDC

In an announcement last month, the European Central Bank (ECB) revealed the five companies that have been selected to partake in a “prototyping exercise” as...

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SWIFT Shapes Global CBDC Framework Following 8-Month Study
SWIFT Shapes Global CBDC Framework Following 8-Month Study
October 05, 2022  |  CBDC

A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among...

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China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
September 29, 2022  |  CBDC

The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...

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Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022  |  CBDC

The central banks of Sweden and Israel announced Wednesday (Sept. 28) that they will start exploring how central bank digital currencies (CBDCs) can be used...

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