Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.
Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.
The need to regulate global stablecoins like libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.
BIS is planning a proof-of-concept trial of a CBDC in collaboration with the Swiss central bank.