BIS

In a recent paper, the BIS highlighted potential risks associated with how crypto interacts with emerging economies

By enabling offline use for CBDCs, a central bank could hope to achieve various public policy objectives including those closely aligned with its core mandate, the guide reads

BIS economists reckon crypto isn’t quite big enough to threaten global financial stability, but one day it might

Crypto provides promising technological possibilities but cannot fulfill the high-level goals of a digital monetary system, according to the institution

The central bank’s central bank argues for more centralization in DeFi lending

The move marks a turning point in CBDC infrastructure development, demonstrating to the rest of the world that such moves could prove useful to the traditional banking and financial sector.

On the role of central banks: “caution yet confidence”, says Denis Beau. CBDCs are not a panacea, and should not be allowed to harm commercial banks.