Dedollarization drive: What would John Maynard Keynes have thought?
With the greenback enjoying an incumbency advantage, many efforts to dethrone the US dollar have fizzled out over the decades ...
Fintech Singapore1d
BIS Exits ‘Project mBridge’ Citing Maturity Amid BRICS Speculation
Carstens also highlighted Project Agorá as another major BIS Innovation Hub initiative. This project, involving central banks ...
Pacific Daily News1d
Former DPHSS director San Agustin, DEH administrator Nadeau cleared of corruption charges
Former Department of Public Health and Social Services Director Arthur San Agustin and current Division of Environmental Health Administrator Tom Nadeau can finally put their court case behind ...
Central Banking3d
BIS to hand over Project mBridge to central banks
The Bank for International Settlements (BIS) is ending its involvement with Project mBridge, the cross-border wholesale ...
Chainlink makes a case for blockchain-driven finance at its first Hong Kong event
As Chainlink touts its technology that has brought blockchain transfers to the Swift network, geopolitical scrutiny is ...
‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express
Victims of 'Hong Kong's FTX' take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over ...
The Economist4d
A surprise new twist in Putin’s currency wars
The new system, which it was developing with China and others, would harness the power of digital currencies and the ...
The Banker4d
Explainer: BIS backs out of CBDC project mBridge
Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...
BIS to leave China-backed central bank digital currency project
The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at a time ...
BIS to leave cross-border payments platform Project mBridge
Discover why the BIS is leaving Project mBridge. Explore its implications for cross-border payments and global banking ...
The Banker4d
BNP Paribas shares dip despite hitting Q3 profit forecasts; SocGen announces management shake-up amid strong Q3 results
BNP Paribas reported a third-quarter net income of €2.87bn on Thursday, up 5.9 per cent year on year, with revenues rising 2.7 per cent to €11.9bn. Both figures were in line with analysts’ forecasts; ...
BIS Steps Back From Cross-Border Payment Project Touted by Putin
The Bank for International Settlements is leaving a project for digital cross-border payments after Russia’s president Vladimir Putin identified the underlying technology as a tool to circumvent ...