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BIS Report: CBDCs Are on the Way, But They Won’t Replace Cash


Soure: Adobe/syahrir The Bank for International Settlements (BIS) has talked up central bank digital currencies (CBDCs) again, but insists that state-issued tokens would not make cash obsolete – and will instead work alongside fiat. These were the findings of a new paper entitled “Rise of...

BIS Unsure if 'Global Stablecoins' Can Help Cross-border Payments


Agustín Carstens, General Manager of the BIS. The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects. In a new report to the G20 entitled...

CBDCs Might Increase Central Banks' Footprint on Financial System - BIS


The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....

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