bis Archive

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.

Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report.

If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations.

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies.

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements.

Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance.

Many nations are moving to advanced stages of CBDC engagement, according to the Bank for International Settlements.

The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year.

BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.

Canada’s central bank recognizes that CBDCs are a necessarily international issue.

In a recent document from the Bank of Japan, the central bank stressed the need for offline availability.

The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts.