SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
May 26, 2022The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.
March 23, 2022The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.
February 25, 2022Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
February 11, 2022Governor Adrian Orr said falling behind other central banks is "not an option" and the RBNZ will soon begin POC design and testing for a CBDC.
February 10, 2022The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.
December 14, 2021The US will move to a sanctions policy that is more clearly linked to policy objectives and reduces harm caused to individuals and businesses.
October 23, 2021The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
September 29, 2021Fees and commissions banks charge for cross-border transactions will be reduced with wide adoption of CBDCs.
September 21, 2021The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.
September 3, 2021