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BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings

BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings

BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led ...
Apr, 17, 2024
by Bitcoin News
BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking t...
Apr, 08, 2024
by Bitcoin News
BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System

BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System

Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the cur...
Nov, 25, 2023
2 min read
by Bitcoin News
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’ 

BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’ 

In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital curre...
Nov, 08, 2023
2 min read
by Bitcoin News
CBDC Regulations Need To Be Boosted To Support Over 90% Of Central Banks

CBDC Regulations Need To Be Boosted To Support Over 90% Of Central Banks

According to Agustin Carstens, general manager of the Bank for International Settlements, CBDC regulations will be derived from the legal authority...
Sep, 27, 2023
by CoinCu News
BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advanta...
Mar, 08, 2023
3 min read
by Bitcoin News

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