BIS: No Evidence of Mass Transition From CBDC Research to Pilots and Experiments
The BIS’s new survey revealed that only 10% of central banks are likely to issue a CBDC for the general public in the short term Go to Source Powered by WPeMatico
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Six Major Central Banks to Collaborate on Digital Currency Research
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group Go to Source Powered by WPeMatico
Bank for International Settlements Exec Shows New Fondness for CBDCs
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities Go to Source Powered by WPeMatico
Banker Who Called Bitcoin ‘Evil Spawn’ Heads BIS Digital Currency Hub
Benoît Cœuré to start a new role at Bank of International Settlements Go to Source Powered by WPeMatico
Swiss National Bank to Research CBDCs at New BIS Innovation Hub Centre
The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub Go to Source Powered by WPeMatico
Central Banker: CBDCs a Flexible Tool for a Zero-Interest Rate World
Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker Go to Source Powered by WPeMatico
Central Banks to Meet With Libra Founders in Switzerland on Monday
A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project Go to Source Powered by WPeMatico
Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also … Read more
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – … Read more
From ‘Ponzi’ To ‘We’re Working On It’ – BIS Chief Reverses Stance On Crypto
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements Go to Source Powered by WPeMatico
