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BIS analysis reveals unequal CBDC uptake in Africa
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BIS analysis reveals unequal CBDC uptake in Africa

CBDC helps African central banks implement monetary policy. A CBDC would save money on banknotes, transportation, and storage. Sub-Saharan Africa sends two-thirds of the world's money.

BIS to Adopt DeFi Implementation in Forex CBDC Markets
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BIS to Adopt DeFi Implementation in Forex CBDC Markets

The Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launching a new project called “Project Mariana.”

BIS Launches Project Icebreaker with Central Banks to Explore CBDC
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BIS Launches Project Icebreaker with Central Banks to Explore CBDC

The Bank for International Settlements (BIS) has rolled out Project Icebreaker with the central banks of Sweden, Norway, and Israel to see how CBDCs can be utilized for international remittance and retail payments.

9 in 10 Central Banks are Eyeing CBDCs, BIS Study Shows
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9 in 10 Central Banks are Eyeing CBDCs, BIS Study Shows

90% of apex banks have shown intentions of rolling out central bank digital currencies (CBDCs), according to a study by the Bank for International Settlements (BIS).

BIS Identifies Three Key Factors as Challenges of Wholesale CBDC
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BIS Identifies Three Key Factors as Challenges of Wholesale CBDC

The Central Bank Digital Currency (CBDC) project of the Bank for International Settlements (BIS) is generating more questions than answers as the multinational banking institution weighs in the technical and governance challenges that embody the attempt to create a multi-platform CBDC product.

BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.
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BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.

As part of its research plans, the Bank for International Settlements (BIS) will explore if decentralized finance (DeFi) technologies can enhance financing for small and medium enterprises in Hong Kong.

France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS
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France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS

The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s fiat notes.

Is the Rise of Decentralized Finance an "Illusion"? BIS Thinks so!
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Is the Rise of Decentralized Finance an "Illusion"? BIS Thinks so!

The Bank of International Settlements (BIS), has called the growth in the decentralized finance (DeFi) ecosystem an “illusion” with a handful of criticisms.

Four Countries to Conduct Cross Border CBDC Payment Trials
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Four Countries to Conduct Cross Border CBDC Payment Trials

The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.

The Bank for International Settlements Gives CBDCs Full Backing
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The Bank for International Settlements Gives CBDCs Full Backing

The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks.

France and Switzerland Launches Cross-Border Central Bank Digital Currency Trials
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France and Switzerland Launches Cross-Border Central Bank Digital Currency Trials

The Central Bank of France and Switzerland have launched a joint cross-border CBDC trial.

New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins
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New BIS Report Advocates Using Embedded Monitoring Trackers For Stablecoins

A new report from the Bank for International Settlements has advocated the deployment of ‘Embedded Systems’ in the monitoring of global stablecoin projects.

IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work
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IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work

The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020
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Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency
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Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.