BIS

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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BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
July 18, 2023  |  CBDC

As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...

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BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
July 11, 2023  |  Cryptocurrency

There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...

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Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. The project will happen on the country’s SIX digital exchange, Swiss National Bank...

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France, Singapore and Switzerland Test Cross-Border CBDC Payments
France, Singapore and Switzerland Test Cross-Border CBDC Payments
November 02, 2022  |  CBDC

In a pilot project that is said to be the first of its kind, the central banks of France, Singapore and Switzerland are collaborating in...

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BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
October 31, 2022  |  CBDC

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,...

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Four Countries Test Multi-CBDC Arrangement
Four Countries Test Multi-CBDC Arrangement
October 26, 2022  |  CBDC

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...

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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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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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