The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come. 385 Total views 11 Total shares The digital tenge, Kazakhstan’s...
Posted by | December 14, 2023
Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders. 408 Total views 8 Total shares In a consultative document published on Dec....
Posted by | November 29, 2023
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. 3337 Total views 5 Total shares Issuing a...
Posted by | November 17, 2023
The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option. 2765 Total views 24 Total shares Stablecoins lack crucial mechanisms that guarantee...
Posted by | November 17, 2023
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option. 691 Total views 11 Total shares Stablecoins lack crucial mechanisms that guarantee...
Posted by | November 17, 2023
A Bank for International Settlements report found that privacy is viewed as a key component of CBDC design. More countries are exploring the use of CBDCs. Central banks have toyed...
Posted by | November 15, 2023
International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies. 1482 Total views 15 Total shares During her opening speech...
Posted by | November 8, 2023
“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements. 1407 Total...
Posted by | November 8, 2023
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. 181 Total views 1 Total shares Central banks have a responsibility to keep pace with the digital...
Posted by | October 31, 2023
The Bank for International Settlements says coordinated international efforts are necessary for stablecoin regulation. According to a new BIS release from the organization’s Committee on Payments and Market Infrastructures (CPMI), stablecoin...
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