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BIS Innovation Hub presents its ‘private CBDC’ project

November 29, 2023 by DIGIT

The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms. Go to Source

Categories Anonymity, BIS, CBDC

South Korea to invite 100,000 citizens to test CBDC in 2024

November 23, 2023 by DIGIT

Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users. Go to Source

Categories BIS, CBDC, South Korea

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

November 17, 2023 by DIGIT

The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option. Go to Source

Categories BIS, Central Bank, Fiat Money, Stablecoin

IMF head: CBDCs can replace cash, help financial inclusion

November 15, 2023 by DIGIT

International Monetary Fund Managing Director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies. Go to Source

Categories BIS, CBDC, IMF

Stablecoins ‘not a safe store of value’: BIS

November 8, 2023 by DIGIT

“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements. Go to Source

Categories BIS, Cryptocurrencies, Stablecoins

BIS general manager urges central banks to “lead innovation” for CBDCs

November 8, 2023 by DIGIT

Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. Go to Source

Categories BIS, CBDC, ECB

Project mBridge reveals details of its workings ahead of MVP, commercial debut

October 31, 2023 by DIGIT

Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. Go to Source

Categories BIS, CBDC, China, ECB, Hong Kong, People's Bank of China, thailand, UAE

U.S. Office of the Comptroller will discuss tokenization as opposed to crypto

October 19, 2023 by DIGIT

The OCC will host a symposium on tokenization and its benefits in February 2024. Go to Source

Categories BIS, tokenomics, Tokens

Central banks want to look under crypto’s hood — Is this a positive sign?

October 18, 2023 by DIGIT

The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto. Go to Source

Categories BIS, Central Bank, Euro, Europe, European Union

IMF director urges ‘financial inclusion’ via digitalization

October 18, 2023 by DIGIT

IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion. Go to Source

Categories BIS, IMF
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  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.19%
  • binancecoinBNB(BNB)$881.14-1.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.18%
  • tronTRON(TRX)$0.2862710.66%
  • staked-etherLido Staked Ether(STETH)$3,034.55-2.86%
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  • bitcoinBitcoin(BTC)$89,424.00-2.93%
  • ethereumEthereum(ETH)$3,032.85-2.91%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.19%
  • binancecoinBNB(BNB)$881.14-1.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.18%
  • tronTRON(TRX)$0.2862710.66%
  • staked-etherLido Staked Ether(STETH)$3,034.55-2.86%
  • dogecoinDogecoin(DOGE)$0.138416-6.36%