banks
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Markets
BIS advises central banks to plan in advance for CBDC security
Issuance of a central bank digital currency (CBDC) requires adequate attention to security, the Bank for International Settlements (BIS) reminded…
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Markets
More foreign banks join China’s CBDC pilot trials
More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry…
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Markets
BIS General Manager urges central banks to “lead innovation” for CBDCs
Central banks have a responsibility not only to keep pace with the digital age but to lead innovation, Agustín Carstens,…
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Markets
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss National Bank (SNB), six commercial banks and the SIX Swiss Exchange will work together to pilot the issuance…
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Markets
Visa completes digital Hong Kong dollar pilot test with local banks
Payment processor Visa has completed the Hong Kong Monetary Authority’s central bank digital currency (CBDC) Pilot Programme with HSBC and…
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Markets
Central banks want to look under crypto’s hood — Is this a positive sign?
The Bank for International Settlements’ (BIS) Project Atlas report offers yet another indication that the worlds of crypto and traditional…
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Markets
Banks’ crypto exposure must be disclosed — BIS’ Basel Committee
The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17,…
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Markets
Sberbank to join Russian Central Bank’s Digital Ruble pilot
Russia’s largest bank, Sber, is set to play a vital role in CBDC testing. Sberbank operates several tech solutions including…
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Markets
Bitstamp eyes partnerships with three major European banks
Bitstamp says three “household name” banks in Europe are looking to offer crypto services. The crypto exchange expects deals as…
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Markets
Basel Committee to consider disclosure requirements for banks’ crypto assets
The fallout from the banking crisis earlier this year continues as the Basel Committee on Banking Supervision considers requiring banks…
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