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BIS project demonstrates automated cross-border transaction compliance
28.10.2024
Project Mandala uses zero-knowledge proofs to complete compliance checks across different jurisdictions.
BIS inaugurates Toronto Innovation Centre with Bank of Canada
14.6.2024
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
BIS Innovation Hub presents its ‘private CBDC’ project
29.11.2023
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
BIS Innovation Hub partners with Fed to support analysis of digital assets
29.11.2021
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices
BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
12.9.2021
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to...
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
3.9.2021
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...
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
2.9.2021
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies
Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
11.6.2021
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...
BIS Plans New Central Banking Fintech Research Hubs in Europe, North America
30.6.2020
The Bank for International Settlements is expanding its “Innovation Hub” with a handful of new locations in Canada and Europe
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
25.4.2020
The BIS is exploring digital currencies and tokenization amid the coronavirus pandemic
Benoit Coeure Appointed as Head of BIS Innovation Hub
11.11.2019
Departing Board member of European Central Bank, Benoit Coeure, has been designated as the head for the newly developed Innovation Hub of the Bank for International Settlements beginning on from January 15, the BIS said in an announcement. Furthermore, Benoit Coeure will head another unit of...
Swiss National Bank to Research CBDCs at New BIS Innovation Hub Centre
8.10.2019
The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub