As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase
Read moreCentral banks turn to generative AI for enhanced cybersecurity: BIS
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.
Read morePublic blockchain ledgers ‘not fit for purpose,’ says JPMorgan exec
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.
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BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that
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BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits
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BIS advises central banks to plan in advance for CBDC security
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
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