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Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
Bank of International Settlements Report: 15 Retail CBDCs Will Be Launched By 2030
10.7.2023
The Bank of International Settlement (BIS) has said that there could be up to 15 retail Central Bank Digital Currencies (CBDCs) and eight wholesale CBDCs before the end of the decade.
The Switzerland-based group owned by 63 central banks conducted a new survey on the growth of CBDCs and their...
Research: There could be 24 CBDCs live by 2030
10.7.2023
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money
15 Retail CBDCs Likely by 2030, BIS Study Says
10.7.2023
A survey conducted by the Bank for International Settlements found 93% of central banks worldwide were engaged in digital currency work in 2022
BIS develops framework against CBDC cyberattacks
7.7.2023
The institution cited rising exploits against DeFi as a need for more secure CBDCs
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
28.6.2023
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books
Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Crypto Buzzword
26.6.2023
International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs
21.6.2023
A unified electronic ledger, combining central bank digital currencies (CBDCs) and other tokenized assets, has the potential to enhance the global financial system, according to a report by the Bank for International Settlements (BIS).
The proposed ledger would leverage automated smart contracts...
Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money
20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money....
Read More: Bank of England Project Finds CBDCs Could Introduce...
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
20.6.2023
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain
Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS
20.6.2023
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
16.6.2023
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown
Economist Discusses Viability of BRICS Currency — Says Pegging to Chinese Yuan Would Be ‘First Major Step’
15.6.2023
An economist, who previously worked at the Bank for International Settlements (BIS), has provided insights on the possibility of a BRICS currency coexisting with the U.S. dollar. Noting that China is a major trading partner of all BRICS nations, he suggested: “Pegging to the renminbi...
Seven Central Banks Contemplate the Future of Retail CBDCs in Latest Report
26.5.2023
The Bank for International Settlements, which serves as a “bank for central banks,” released its latest paper examining retail central bank digital currencies, as its members “are approaching a point” as to whether or not they should move forward in their CBDC work.
Central banks representing...
7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
25.5.2023
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC
BIS issues comprehensive paper on offline CBDC payments
11.5.2023
According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy concerns
Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis Validator Deposit Smart Contract Going Live on Thursday
19.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis...
BIS, Bank of England concludes blockchain int’l settlements pilot
19.4.2023
The insights of Project Meridian would be used by the Bank of England in its Real-Time Gross Settlement (RTGS) system
Central Banks Successfully Test DLT in Linking Financial Settlement Systems
19.4.2023
The experiment, called Project Meridian, shows it's possible to settle large synchronized transactions in central bank money, a report said
CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
16.4.2023
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading...