The metaverse craze has passed, but use cases in healthcare, commerce and education should not be dominated by powerful private interests, a new BIS study argues.
BIS News
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The mBridge platform is a multinational collaborative effort using CBDCs for cross-border transactions.
12215The Bank for International Settlements 2024 program features six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
4371The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
10115Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders.
3217From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
9495The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms.
1789Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
5921The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.
7421International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies.
5615“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements.
6775Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation.
1914Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
12980The Office of the Comptroller of the Currency highlighted the “emerging divide” between crypto and tokenization and strongly criticized crypto for being “marked by rampant scams.“
3856The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
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