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SWIFT and the People's Bank of China Digital Currency Research Institute Establish a Joint Venture Public records show that SWIFT has recently established a Financial Gateway Information Service Co., Ltd. in China with the People's Bank of China Clearing Center and the People's Bank of
Central bank officials are not confident in Bitcoin or other digital currencies' ability to serve as legitimate financial instruments.
The BIS Innovation Hub aims to foster innovation and greater collaboration amongst the central banking community globally, enhance the understanding of financial technology, and aid development of innovative solutions to benefit and enhance the financial system. The Innovation Hub's work programme is structured around six core themes.
To be first is to set the tone for the industry and control the space — a tactic otherwise known as the first-mover advantage.
ECB’s payments head speaks about the functionality, tiering and technology of the eurozone’s planned CBDC
Amid the COVID-19 pandemic and the SEC lawsuit, Ripple continues to thrive through partnerships with financial institutions leveraging their payment services.
Idea of complete anonymity in digital systems is a “chimera”, BIS chief says
An exec at the Bank for International Settlements wants central banks to helm the evolution of digital money.
Swiss National Bank has reportedly registered new trademarks like E-Franc, Digital Swiss Franc with Federal Patent Office.
Emerging market central banks in particular are focusing on retail CBDCs, report says
Despite the Securities and Exchange Commission’s lawsuit against its firm, Ripple has continued to expand its services as a fintech firm.