BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt

BIS Economists Recommends 3 Policies Regulators Can Adopt in Dealing With Crypto RisksEconomists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing monetary system in the public interest,” they advised. BIS Economists […]

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Mexican CBDC Unlikely to Be Ready by 2024

banxico mexican cbdc digital pesoThe Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the development of the currency was still in its initial stages, and there is still no […]

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Hong Kong Presents Digital Currency Prototype, Project Aurum

Hong Kong Presents Digital Currency Prototype, Project AurumFinancial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation […]

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