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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...

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