News with the tag "Bank for International Settlements (BIS)"

In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central ba...

In a recent report by the Bank for International Settlements (BIS), central banks worldwide have been cautioned about the inherent risks associated with their growing reliance on artificial intelligence (AI) tools. This nine-page report titled “Artificial Intelligence in Central Banking” sheds light...

Project Atlas emerges, spotlighting the delicate balance between the need for oversight and preserving the decentralized spirit of cryptocurrencies.

Project Mariana's groundbreaking trial heralds a new era for cross-border transactions with central bank digital currencies.

Agustín Carstens argued that cryptocurrencies do not meet the standards expected of money.

Ripple, the leading blockchain-based payments provider, has joined forces with the Bank for International Settlements (BIS) taskforce on cross-border payments interoperability and extension. This is a significant development for Ripple, as it demonstrates the company’s commitment to improving the gl...

Ripple, the leading blockchain-based payments provider, has joined forces with the Bank for International Settlements (BIS) taskforce on cross-border payments interoperability and extension. This is a significant development for Ripple, as it demonstrates the company’s commitment to improving the gl...

Ripple, the leading blockchain-based payments provider, has joined forces with the Bank for International Settlements (BIS) taskforce on cross-border payments interoperability and extension. This is a significant development for Ripple, as it demonstrates the company’s commitment to improving the gl...

The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. The survey found that 93% of the 86 banks surveyed were in...