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BIS illustrates how CBDC payments can balance privacy and transparency

A recent report from Project Tourbillon, led by the Bank for International Settlements’ Innovation Hub, reveals significant advancements in balancing privacy and transparency in CBDCs. Project Tourbillon, an initiative spearheaded by the Bank for International Settlements’ (BIS) Innovation Hub in Switzerland, has made significant strides in the realm of central bank

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BIS Innovation Hub presents its ‘private CBDC’ project

The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project Tourbillon. The prototypes built in the project’s framework could allow payment anonymity for CBDC transactions.The 46-page report, published on Nov. 29, explores the concepts of privacy, security

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Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDC Innovation

When considering the design of a CBDC, people will also have to grapple with difficult questions on choice, inclusion and stability, Skingsley said. But "innovation usually takes us to new places and opens up possibilities that were not there until a new technological breakthrough has happened," she added. Source

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‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be superior to private stablecoin, a study released by the Bank for International Settlements (BIS) found. The authors used a “money view” of stablecoin and an

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