Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
The project seeks to build a "usable" solution to integrate tokenized commercial bank deposits with central bank money using smart contracts and programmability, officials at...
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.
The introduction of national digital currencies could have "major implications" for the business model of central banks and the risks they face, a Bank for International Settl...
The BIS project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the initiative said.
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive product...