Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/FXRCBGBB4JGGPISRKL6OUGEJIM.jpg)
Sponsored
Nov 28, 2022 at 4:33 p.m. UTC
Nov 28, 2022
bis
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NF55CFOTVNGL3AR6SMXHFOLSUY.jpg)
David Chaum Rolls Out Privacy-Protecting CBDC Technology
The “godfather of cryptocurrency” suggested a CBDC design for a pilot with the Swiss National Bank.
Sponsored
Nov 10, 2022 at 9:32 a.m. UTC
Nov 10, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HAH43KLXG5FQFITGGLCOSSNHYE.jpg)
France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries' central banks started Project Mariana because they think decentralization could be the future of finance.
Sponsored
Nov 2, 2022 at 9:12 a.m. UTC
Nov 2, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Y5FTQWTVURGETNG6INLITLOCHE.jpg)
Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report
The Bank for International Settlements tested its mBridge project for foreign exchange transactions.
Sponsored
Oct 26, 2022 at 7:00 a.m. UTC
Oct 26, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MSU4UFBUWBDRPLIF6BYNPTPNIE.jpg)
CBDCs Can Work With Stablecoins, Central Bank Trial Finds
The Hong Kong Monetary Authority claims its retail central bank digital currency prototype safeguards flexibility and privacy.
Sponsored
Oct 21, 2022 at 8:59 a.m. UTC
Oct 21, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DZAYR6JOURADVLRFFYKFR3KY7U.jpg)
‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
Banks want to see caps on bitcoin holdings increased fivefold under planned global standards
Sponsored
Oct 4, 2022 at 12:00 p.m. UTC
Oct 4, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/F2NF74WYKJCXHG63HDHYOBPSFM.jpg)
Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
Planned capital requirements for bitcoin could undermine financial reforms and make it harder to curb risks, a group representing the futures industry is to tell the Basel Committee on Banking Supervision.
Sponsored
Sep 30, 2022 at 3:41 p.m. UTC
Sep 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EF2FZRYFIFBHPJBZHRUFMDZOQQ.jpg)
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
Sponsored
Sep 27, 2022 at 4:25 p.m. UTC
Sep 27, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3XJBSPRG3JC5XDF3AC7OFGEDKI.jpg)
International Regulators Struggle With How to Oversee DeFi
Standard setters want to tackle the growing decentralized finance sector, but they aren’t sure how to do it.
Sponsored
Sep 8, 2022 at 1:47 p.m. UTC
Sep 8, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/J5YUJCURNNDM5J3WMDSA5QRK3Q.jpg)
New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
Sponsored
Sep 1, 2022 at 4:00 p.m. UTC
Sep 1, 2022