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The Bank for International Settlements (BIS) has appointed heads at the BIS Innovation Hub’s centers in Singapore and Switzerland.In a Feb. 19 announcement, the BIS revealed that Andrew McCormack — who currently serves as chief information officer at payment clearing and settlement firm Payments Canada — will now be
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General manager at the Bank for International Settlements (BIS) Agustin Carstens seems to have changed his negative stance towards central bank digital currencies (CBDCs), now stating that such currencies could open up new possibilities.In his speech entitled “The future of money and the payment system: what role for central
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The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech. Source
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The Bank for International Settlements (BIS), an international financial institution owned by the world’s central banks, has published a working paper, called Embedded Supervision: How To Build Regulation Into Blockchain Finance, which supports the idea of constructing blockchain-based regulation into markets, by making the case for a regulatory framework that
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US multinational megabank Wells Fargo & Co. (NYSE:WFC) has revealed plans to launch a US dollar-linked stablecoin that will run on the company’s first blockchain platform. The “Wells Fargo Digital Cash” The service, dubbed “Wells Fargo Digital Cash,” is a tokenized dollar that will be used in internal settlement across the firm’s
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