Tag: Bank of International Settlements (BIS)
ECB enhances instant payments with cross-currency initiative
The European Central Bank (ECB) has launched an initiative to improve instant payments between different currencies, starting with euros, Swedish kronor and Danish kroner. The...
BIS urges central banks to use AI for financial stability
The Bank of International Settlements (BIS) has released a report advocating for central banks to adopt artificial intelligence (AI) as a means to enhance...
BIS: 15 CBDCs may be in circulation by 2030
The Bank for International Settlements (BIS) released a survey which theorised that up to 15 central bank digital currencies (CBDCs) could be in circulation...