Tag "BIS Innovation Hub"
35 Asian Nations Are Developing CBDCs – Here’s Where They Stand
Economies worldwide are increasingly considering the viability of a digitised national currency, most commonly referred to now as a Central Bank Digital Currency, or CBDC. Eleven countries have already launched their CBDCs, but none in Asia yet. There are currently 35
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Top 10 Highlights from Last Week’s Singapore Fintech Festival
The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo. This year’s event, themed “Building Resilient Business Models amid
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Singapore, France and Switzerland to Collaborate on Wholesale CBDC Project
BIS Innovation Hub is launching a project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Dubbed Project Mariana, it explores automated market makers (AMM) for cross-border exchanges of the hypothetical
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BIS, MAS Plots Blueprint for a Global Real-Time Retail Payments Network
The Bank for International Settlements Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) published a proposed blueprint to enhance the global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus, this
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