A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...
The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...
The Basel Committee on Banking Supervision is looking for input on its preliminary ideas as to how the exposure of banks to digital assets should...
Focus may be on China’s progress with the digital yuan — and whether the dollar’s dominance will be threatened — but in the last few...
The world’s central banks are actively working on implementing digital currencies as use of physical cash wanes, according to banking experts. A recent survey by...
In today’s top digital-first banking news, LoanDepot will be seeking up to $315 million in its initial public offering (IPO), while Jack Henry & Associates...
The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created...
To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that...
The Bank of International Settlements unleashed a scathing criticism of cryptocurrency over the weekend, saying that it will never be mainstream for financial services. According...