The BIS introduced the unified ledger concept last year and has been singing its praises as a framework for better financial transactions.
BIS News
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Uniform requirements are needed to integrate stablecoins into the international financial system.
1822The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers.
75847The 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.
3494The mBridge platform is a multinational collaborative effort using CBDCs for cross-border transactions.
12518The Bank for International Settlements 2024 program features six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
4544The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
10145Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders.
3238From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
9518The 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.
1804Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
5950The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.
7462International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies.
6004“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.
6802Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation.
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