BIS

The Bank for International Settlements on January 4, 2012, in Basel, Switzerland. (Harold Cunningham/Getty Images)
9 Out of 10 Central Banks Exploring Digital Currency, BIS Says
A survey conducted in 2021 by the Bank for International Settlements found more than half of central banks are developing CBDCs or running concrete experiments.
The Bank for International Settlements on January 4, 2012, in Basel, Switzerland. (Harold Cunningham/Getty Images)

A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)
Banks May Face Competition From CBDCs, Study Suggests
The survey also shows central banks are uncertain whether distributed ledger technology should underpin a government-backed digital currency.
A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)

Fed Chair Jerome Powell (Samuel Corum/Getty Images)
UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi
The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.
Fed Chair Jerome Powell (Samuel Corum/Getty Images)

ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)
Crypto Remains a Threat: ECB Chief Christine Lagarde
Crypto service providers are accomplices to circumventing Russia sanctions, Lagarde said during an appearance at the Bank for International Settlements’ Innovation Summit on T...
ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)

(Getty Images)
Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
The four central banks are working on a project that will develop and test shared platforms for international settlements with multiple CBDCs.
(Getty Images)

BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol
BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol
BIS unveils plans for Hong Kong and Singapore in 2022. Korean police work with Interpol on bitcoin phishing case. OpenSea NFT marketplace hacked for 332 ETH. We’ll have more o...
BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol

Bank for International Settlements Headquarters. (Gianluca Colla/Bloomberg via Getty Images)
BIS Innovation Hub to Focus on CBDC, DeFi Experimentation This Year
CBDCs and payments account for 13 of the 17 active and scheduled projects.
Bank for International Settlements Headquarters. (Gianluca Colla/Bloomberg via Getty Images)

Agustin Carstens, general manager at the Bank for International Settlements (Bloomberg via Getty Images)
BIS Chief: Central Banks Are Best Sources of Trust in Money in a Digital Age
“The soul of money belongs neither to a Big Tech nor to an anonymous ledger," said Agustín Carstens.
Agustin Carstens, general manager at the Bank for International Settlements (Bloomberg via Getty Images)

(Stefan Wermuth/Bloomberg via Getty Images)
BIS, Swiss National Bank, SIX Exchange Complete Wholesale CBDC Trial
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the test.
(Stefan Wermuth/Bloomberg via Getty Images)

Raphael Auer, who becomes the head of the BIS' innovation center for the euro region in February, 2022.
BIS Names CBDC Expert as Head of Euro Region Innovation Center
Raphael Auer is now an economist in the organization’s innovation and digital economy unit.
Raphael Auer, who becomes the head of the BIS' innovation center for the euro region in February, 2022.