BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.
June 22, 2022A CBDC is needed to facilitate the growth of digital transactions and encourage startups and e-commerce businesses, the finance minister said.
June 14, 2022A new report says central banks are increasingly looking to align their operations with sustainability objectives within the constraints of their mandates.
May 31, 2022SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
May 26, 2022Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.
May 24, 2022The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.
May 20, 2022A final report has been issued on extending RTGS operating hours, and another offering a framework for jurisdictions to self-assess payment system access.
May 13, 2022More than a third of central banks will soon have legal authority to issue a CBDC. More than two thirds are likely to launch a retail CBDC in the short or medium term.
May 10, 2022The extent and severity of the physical and transition risks linked to biodiversity loss will be more difficult for the financial industry to assess than for climate change.
March 28, 2022The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.
March 23, 2022