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BIS Survey 2020 reveals 80% Central Banks developing new Digital Currencies to counter Cryptocurrencies

A new survey by BIS reveals that 80 % of central banks across the globe are in the process to launch their own digital currency, which is a significant development in recent years. The survey has...

Feb 06, 2020 0 | 0

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Impact of CBDC design choices on transmission of monetary policy

CBDC design choices have an impact on the transmission of monetary policy.?The transmission of monetary policy can be strengthened by a CBDC with a sufficiently high convenience value...

Nov 14, 2022 0 | 0

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Tourbillon Prototype CBDC Could Offer More Privacy and Scalability

BIS Innovation Hub's Swiss Centre has launched Tourbillon, a new project to improve cyber resilience, scalability, and privacy in a prototype Central Bank Digital Currency (CBDC)...

Nov 15, 2022 0 | 0

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Italy and Greece gave regulatory approval to the cryptocurrency exchange Gemini

Italy and Greece gave regulatory approval to exchange Gemini. The company is registered as an operator of virtual currencies with Italy's payments services authority...

Dec 05, 2022 0 | 0

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Spain’s Central Bank to Launch Experimental Wholesale CBDC

On December 5, the Bank of Spain (BDE), the country's central bank, said that it intended to launch testing wholesale central bank digital currencies (CDBCs) and was looking for collaboration...

Dec 09, 2022 0 | 0

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First test of CBDC Digital Turkish Lira was completed successfully

First test of CBDC Digital Turkish Lira was completed successfully. Recently Turkey's central bank CBRT released a statement indicating to carry out more trials through 2023...

Dec 31, 2022 0 | 0

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