The blueprint contains plans to advance financial sector digitalisation, develop an open data ecosystem, and improve efficiency in cross-border payments.
January 25, 2022In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.
January 14, 2022Benoît Cœuré said the "wake-up call" for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.
December 21, 2021Failure to achieve interoperability between payment systems has material costs and risks fragmenting the global financial system.
December 14, 2021Under Project Jura, tokenised assets and foreign exchange transactions were settled safely and efficiently using PvP and DvP mechanisms, the BIS said.
December 9, 2021Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.
November 19, 2021BNM and PayNet are joining Project Nexus, which was first announced in July by BIS Innovation Hub and MAS to explore new cross-border payment linkages.
November 12, 2021The mBridge project team has collaborated with private sector participants to identify 15 potential business use cases that are now being tested.
November 7, 2021Prototype platforms for green bond tokenisation developed. Commercial Data Interchange enters pilot launch. AML Regtech Lab set for Friday launch.
November 4, 2021The BIS Innovation Hub Hong Kong centre will soon publish reports on work to explore green bond tokenisation and real-time tracking of environmental outputs.
October 26, 2021