mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified.
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German crypto regulator calls for global rules to also govern niche finance centers
BaFin's top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions.
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.
Crypto amplified financial risks in emerging markets: BIS papers
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present.
Research: There could be 24 CBDCs live by 2030
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money.
BIS develops framework against CBDC cyberattacks
The institution cited rising exploits against DeFi as a need for more secure CBDCs.
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain.