BIS

CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022  |  CBDC

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital...

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90% of Central Banks Working on CBDCs, BIS Reports
90% of Central Banks Working on CBDCs, BIS Reports
May 06, 2022  |  CBDC

Ninety percent of the central banks surveyed by the Bank for International Settlements are exploring the creation a central bank digital currency (CBDC). In addition,...

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BIS Adds Pressure on Big Tech to Give Data Control to Consumers
BIS Adds Pressure on Big Tech to Give Data Control to Consumers
May 06, 2022  |  Regulation

The Bank for International Settlements (BIS), the world’s main central bank umbrella group, published a report on Thursday (May 5) proposing new data governance frameworks...

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Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022  |  CBDC

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. By and...

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Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
April 13, 2022  |  CBDC

There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT)...

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Fed, Bank of England Lead Charge for Global DeFi Regulations
Fed, Bank of England Lead Charge for Global DeFi Regulations
March 24, 2022  |  Regulation

Decentralized finance is a growing threat to economic stability that must be reined in and regulated by international cooperation. That’s the message that Federal Reserve...

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Regional Central Bank Alliances May Shape the Digital Dollar’s Future
Regional Central Bank Alliances May Shape the Digital Dollar’s Future
March 22, 2022  |  CBDC

The Bank for International Settlements (BIS) and four central banks have completed trials of two blockchain-based platforms that a multinational central bank digital currency (CBDC)...

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BIS Paper: Asia Virtual Banks Must Protect Consumer Data
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
January 27, 2022  |  Data

A new Bank for International Settlements paper says Asian regulators must protect consumer data as financial institutions dole out more virtual bank cards, noting the...

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Bank for International Settlements Calls DeFi’s Decentralization an Illusion
Bank for International Settlements Calls DeFi’s Decentralization an Illusion
December 07, 2021  |  Blockchain

Decentralized finance’s decentralization is an “illusion” according to a new report from the Bank for International Settlements. The latest BIS quarterly review takes a skeptical...

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