Category: BIS
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Heavily indebted countries can look just fine until suddenly they don’t, BIS warns
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The Bank for International Settlements has warned that heavily indebted countries are at risk of a sudden loss of confidence, although this risk is hardly recognised in bond markets. The Basel-based institution said in its report: Annual Economic Report On Sunday, the World Bank Group released a report stressing that…
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More Central Banks Are Exploring A CBDC, BIS Survey Finds
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Credit: bankingjournal.aba.com The global finance landscape is undergoing a transformational shift, with central banks around the world actively exploring the potential of central bank digital currencies (CBDCs). A recent survey by the Bank for International Settlements (BIS) highlighted the growing momentum surrounding these digital currencies, revealing that the vast majority…
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More Central Banks Are Exploring A CBDC, BIS Survey Finds
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Credit: bankingjournal.aba.com The global finance landscape is undergoing a transformational shift, with central banks around the world actively exploring the potential of central bank digital currencies (CBDCs). A recent survey by the Bank for International Settlements (BIS) highlighted the growing momentum surrounding these digital currencies, revealing that the vast majority…
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BIS and The Intricacies of Regional Payment Infrastructure Integration
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As digital sensors spread across continents, the need for seamless cross-border transactions has become paramount. This is where the integration of regional payments infrastructure comes into play, with the aim of establishing connections between the financial arteries of different countries. But, like any ambitious project, this integration effort comes with…