During her opening speech at the Singapore FinTech Festival, International Monetary Fund (IMF) managing director Kristalina Georgieva urged the public sector to…
CBDCs
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BIS general manager urges central banks to “lead innovation” for CBDCs
by adminby adminCentral banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank…
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CBDCs ‘Central’ to Innovating Financial Systems: BIS Chief Agustín Carstens
by adminby admin“Whether in wholesale form – as a type of digital central bank reserve – or retail form – as a digital banknote…
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Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation
by adminby adminThe Federal Reserve Board continues to research a central bank digital currency (CBDC), or at least adjacent technologies, vice chair Michael Barr…
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Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs
by adminby adminThe UDPN’s transaction nodes are where the magic happens, being connected to currency systems and currency pools,” Schacher said in an interview.…
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How CBDCs and stablecoins can coexist: FIS panel discussion
by adminby adminAt the recent Future Innovation Summit event held in Dubai, Cointelegraph moderated a panel titled “Stablecoins, Central Bank Digital Currencies and Cross-Border…
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France, Singapore and Switzerland test cross-border CBDCs
by adminby adminThe Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border…
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Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
by adminby adminIt is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements…
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CBDCs could support a more stable economy — if banks run the show
by adminby adminCentral Bank Digital Currencies (CBDCs) have become well-established as a major talking point in the academic mainstream and geopolitics — not to…
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BIS Project Tests CBDCs Directly Settled on Central Bank Balance Sheet
by adminby admin“If central bank money is to go digital, cybersecurity is key,” Andrew Abir, Deputy Governor of the Bank of Israel, which is…
Nothing otherwise illegal is somehow rendered lawful by the right for people to transact freely: bad behavior is still policed, but not…
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CBDCs will gradually displace private banks, says Russian lawmaker
by adminby adminCentral bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia. Anatoly Aksakov,…
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Swift says blockchain integration ‘more plausible’ than unifying CBDCs
by adminby adminBank messaging network Swift has recently shared a report highlighting how Swift can connect with blockchains and solve the issue of interoperability…
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Reliance’s Jio Financial to Enter Blockchain and CBDCs: Chairman Mukesh Ambani
by adminby admin“JFS will consolidate its payment infrastructure, with a ubiquitous offering for both consumers and merchants further driving digital adoption for India,” Ambani…
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CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
by adminby adminDiscussions around ways to shorten local settlement cycles within the next five years have got most securities firms eyeing local central bank…