BIS Innovation Hub – DIGIT INFO

BIS project demonstrates automated cross-border transaction compliance

DIGIT — Mon, 28 Oct 2024 10:06:18 +0000

Project Mandala uses zero-knowledge proofs to complete compliance checks across different jurisdictions.

BIS inaugurates Toronto Innovation Centre with Bank of Canada

DIGIT — Fri, 14 Jun 2024 08:30:00 +0000

Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.

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Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

DIGIT — Fri, 03 Sep 2021 12:30:10 +0000

The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank of Australia Teams Up With […]

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Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

DIGIT — Thu, 02 Sep 2021 05:05:33 +0000

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

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Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

DIGIT — Fri, 11 Jun 2021 14:00:02 +0000

The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. European Central Banks to Collaborate on CBDC Project The Swiss National Bank (SNB), […]

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