2020-4-5 00:17 |
BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.
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A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.
2020-1-24 16:02 | |
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The Bank of International Settlements (BIS) conducted a survey, showing roughly ten percent of central banks are expected to issue a Central Bank Digital Currency in the near future. The BIS report was released on January 23 and presented the results from a survey conducted on 66 central banks from all over the world, investigations […]
2020-1-24 00:30 | |
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Специалисты Банка международных расчетов (BIS), совместно с командами Центробанков ряда стран, создадут рабочую группу для оценки рисков и возможностей использования цифровых валют центральных банков (central bank digital currency — CBDC).
2020-1-22 10:28 | |
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The world’s major central banks are coming together to assess the development of their own digital currencies, now that their role is being challenged by new technologies and the entry of giants like Facebook, through Libra.
2020-1-22 20:20 | |
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Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […]
2019-12-8 23:25 | |
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Coeure is to lead the new BIS Innovation Hub in researching and perhaps developing fintech with benefits, such as digital currencies.
2019-11-11 16:30 | |
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Swiss National Bank (SNB), Switzerland’s central bank, together with Bank for International Settlements (BIS) are jointly exploring on how a central bank digital currency (CBDC) can be used to trade tokenized assets, the Block reports.
2019-10-10 22:20 | |
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The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) signed an agreement on October 8. They agree to dedicate two innovation hubs to blockchain technology. In focus: a digital central bank currency.
2019-10-9 15:29 | |
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Central Bank Digital Currencies (CBDCs) are an important subject in Switzerland right now. The Swiss National Bank (SNB) has recently started a partnership with the Bank for International Settlements (BIS) to begin a study on CBDCs, which will be conducted at the BIS Innovation Hub Center, which is based in Switzerland. According to the latest […]
2019-10-9 01:13 | |
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The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub
2019-10-9 21:27 | |
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Bank for International Settlements (BIS) chief Agustin Carstens has been a vocal opponent of bitcoin and other cryptocurrencies, making his feelings known in no uncertain terms on many occasions.
2019-7-1 17:30 | |
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The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
2019-7-2 11:00 | |
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By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs.
2019-6-9 13:15 | |
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During a keynote address given by Agustin Carstens at Goethe University last year, the BIS Head went on record to state that Bitcoin is a “Ponzi scheme” that will eventually implode and leave a lot of its investors in the dark.
2019-6-7 17:17 | |
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By CCN: The Chairman of the Board of the Bank of Lithuania has spoken about the merits of central bank digital currencies. He has labeled them as a new, more efficient, offering from central banks across the globe.
2019-5-31 10:40 | |
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The long-standing debates about the credibility, general acceptance and adoption of cryptocurrency is nowhere near its end. People have in the past argued both ‘for' and ‘against' mainstream adoption of digital currencies.
2019-5-27 02:22 | |
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Банковские регуляторы десятков стран могут проигнорировать призыв со стороны BIS. Аналитики компании-организатора Всемирного экономического форума (WEF) выпустили доклад, в котором заявлено, что в настоящее время центральные банки 44 стран мира проводят обкатку различных блокчейн-решений.
2019-4-4 12:15 | |
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Bank For International Settlements (BIS) Believes Central Banks See No Value In CBDCs Agustin Carstens, the general manager of the Bank for International Settlements (BIS) said that banks should be cautious when considering issuing central bank digital currencies (CBDCs).
2019-3-25 20:23 | |
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One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22.
2019-3-25 15:59 | |
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BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."
2019-3-25 13:00 | |
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Bitcoin price under pressure Carstens of BIS against central bank digital currencies (CBDCs) Volumes low and drop below or above Mar 21 high-lows must exceed 13k According to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy.
2019-3-24 20:00 | |
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BIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank Digital Currencies at the Central Bank of Ireland’s Annual Whitaker Lecture.
2019-3-24 18:00 | |
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“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements.
2019-3-23 04:58 | |
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The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features.
2019-3-23 00:00 | |
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Bitcoin (BTC) has been facing a lot of problems that they soon will need to take action against to keep moving. The digital asset already has a limited supply, as determined when it was originally created.
2019-1-22 22:09 | |
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A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that they are exploring with the idea of CBDCs in some capacity, reports SCMP, on January 8, 2019.
2019-1-10 18:00 | |
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The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are planning to do so in the near future, it said.
2019-1-9 02:10 | |
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A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of them are unlikely to issue any type of digital currency in the near future.
2019-1-9 00:00 | |
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Report Shows 70% Of Central Banks Is Performing Research Regarding CBDCs According to a recent report published on January 8 by the Bank for International Settlements (BIS) seventy percent of central banks around the world are analyzing the introduction of Central Bank Digital Currencies (CBDC). However, it seems that just a few of these monetary […]
2019-1-8 21:14 | |
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The Bank of International Settlements (BIS) has found that while most countries around the world are keen on creating their own digital coins, most of the work is considered conceptual, with only “a few” intending to use them over the next six years.
2019-1-8 18:55 | |
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A new report from the Bank for International Settlements has found that 70 percent of central banks are conducting research into central bank digital currencies
2019-1-8 15:44 | |
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There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […]
2018-12-9 13:08 | |
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A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value.
2018-11-7 08:00 | |
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The Bank for International Settlements’ economic adviser Hyun Song Shin says that digital currencies should be considered securities
2018-6-26 05:07 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute.
2018-6-22 21:43 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money.
2018-6-20 22:11 | |
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They are also actively testing the distributed ledger technology underlying cryptocurrencies – not as a substitute for the current system, but to build on it.” The BIS general manager concludes that “Even in this digital age, trust in the issuing institution matters and will continue to underpin currencies. Central banks, for their part, will have
2018-6-17 00:21 | |
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Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.