bis BIS envisions global ‘Finternet’ running on unified ledger technology The BIS introduced the unified ledger concept last year and has been singing its praises as a framework for better ... By VirtualCoinCapApril 15, 2024
BIS announces CBDC, tokenization projects for 2024 The Bank for International Settlements 2024 program features six new projects exploring the issues of cybersecurity, fighting ... By VirtualCoinCapJanuary 23, 2024 bis
Kazakhstan central bank reviews digital tenge pilot successes, next steps The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s ... By VirtualCoinCapDecember 15, 2023 bis
Basel Committee suggests introducing maturity limits for stablecoin reserve assets Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of ... By VirtualCoinCapDecember 14, 2023 Basel
BIS advises central banks to plan in advance for CBDC security From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big ... By VirtualCoinCapNovember 29, 2023 bis
BIS Innovation Hub presents its ‘private CBDC’ project The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” ... By VirtualCoinCapNovember 29, 2023 anonymity
South Korea to invite 100K citizens to test CBDC in 2024 Participants will be restricted to using the CBDC only for payment, without an option to store, exchange ... By VirtualCoinCapNovember 23, 2023 bis
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS report The answer again is regulation, although this time, the suggested regulation looks a lot like central bank ... By VirtualCoinCapNovember 18, 2023 bis
IMF head: CBDCs can replace cash, help financial inclusion International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central ... By VirtualCoinCapNovember 15, 2023 bis
Stablecoins ‘not a safe store of value’ — BIS “Not one of the stablecoins assessed in this paper has been able to maintain their closing prices ... By VirtualCoinCapNovember 8, 2023 bis
BIS general manager urges central banks to “lead innovation” for CBDCs Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. By VirtualCoinCapNovember 8, 2023 bis
Project mBridge reveals details of its workings ahead of MVP, commercial debut Project mBridge has put together a slick publication with lots of new information to let the world ... By VirtualCoinCapOctober 31, 2023 bis
US OCC to host discussion on tokenization of real-world assets The Office of the Comptroller of the Currency highlighted the “emerging divide” between crypto and tokenization and ... By VirtualCoinCapOctober 19, 2023 bis
Central banks want to look under crypto’s hood — Is this a positive sign? The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests ... By VirtualCoinCapOctober 18, 2023 bis
IMF director urges ‘financial inclusion’ via digitalization IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion. By VirtualCoinCapOctober 18, 2023 bis
Banks’ crypto exposure must be disclosed — BIS’ Basel Committee The proposed regulations are currently open to the public for comments, and if approved, they will come ... By VirtualCoinCapOctober 17, 2023 Banking
Basel Committee to consider disclosure requirements for banks’ crypto assets The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto ... By VirtualCoinCapOctober 6, 2023 Banking
Bank of Korea to start CBDC infrastructure pilot The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will ... By VirtualCoinCapOctober 4, 2023 bis
CBDC lays foundation for new global monetary system: French central bank The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving ... By VirtualCoinCapOctober 4, 2023 bis
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192645 views