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Tag: bank for international settlements

Singapore Fintech Report 2023: Pioneering Digital Currencies and Cross-Border Linkages – Fintech Singapore

The Singapore Fintech Report 2023 examines a significant year for the space in Singapore. With one of the most advanced and innovative fintech ecosystems...

Weekly Update #31

Weekly Update #31November 30, 2023CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory:NYDFS issues new guidance regarding listing of virtual currencies: On Nov 15, the New York State...

IMF, World Bank, and BIS Join Forces To Tokenize Financial Instruments

<!-- -->Three major global institutions, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS),...

Singapore’s Central Bank Predicts the Demise of Private Crypto

Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has predicted the fate of private digital coins, including native digital...

South Korea to Launch Digital Currency Pilot Program in 2024

In a move to modernize its financial infrastructure, South Korea is set to embark on a pioneering project involving digital currency. Commencing in the...

Digital Assets and Sustainable Finance Take Center Stage at Singapore Fintech Festival – Fintech Singapore

by Rebecca Oi November 21, 2023 At the Singapore Fintech Festival 2023, Ravi Menon, Managing Director of...

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would...

German parliamentarian dismisses CBDCs in favor of Bitcoin as global digital money debate rages on

German Parliamentarian Joana Cotar spoke out against introducing a Euro-based central bank digital currency (CBDC), claiming that “no one needs it.”Cotar stated in a...

Ripple CEO And SEC Chairman To Discuss Crypto Regulation At DC Fintech Week By Investing.com – CryptoInfoNet

Investing.com  |  Editor Hari G Published Nov 04, 2023 05:34AM ETRipple CEO Brad Garlinghouse and SEC Chairman Gary Gensler are slated to be keynote speakers at the upcoming...

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

The Committee on Payment and Market Infrastructures (CPMI), which sets norms for the sector for the Bank for International Settlements, said stablecoins could "open...

Pioneering the Future of Finance – Federal Reserve’s Exploration of CBDCs – The Daily Hodl

HodlX Guest Post  Submit Your Post   The US Federal Reserve is making headway in the promising landscape of CBDCs (Central Bank Digital Currencies). The aim here is...

European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase

On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project. The...

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