The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. This collaboration aims to leverage tokenization...
The digital euro is feasible, and now comes the next chapter. In a speech delivered Tuesday (Nov. 21) and published by the Bank for International...
The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a...
Faster payments have the potential to vastly improve cross-border payments, particularly across retail payments and remittances. The Bank for International Settlements (BIS) said in a...
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...
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...
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...
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...
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...