BIS Survey Predicts More CBDCs by 2030

Future of Dedollarisation: BIS' CBDC Project mBridge Gains Traction with Petrodollar’s “Death”, Will US Economy Crumble?

The financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?

Global Call to Action: BIS Urges Central Banks to Lead Digital Currency Revolution Through CBDC Development

BIS Chief Urges Central Banks: Lead the Digital Revolution with CBDCs. Agustín Carstens signals global consensus on financial transformation. Challenges include tech variations and privacy balance. BIS actively backs digital projects, shaping the future of finance.

BIS Chief: CBDCs Will Secure The Future Monetary System

In a speech delivered in Switzerland, Agustin Carstens not only praised CBDCs, but also criticised stablecoins.

BIS Develops Cross-Border Retail CBDC Payment System

BIS: 90% of Central Banks are researching the utility of CBDCs

The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.

BIS Joint Pilot: Institutions Can Use CBDC for International Settlement

This experimental CBDC platform demonstrates the effectiveness of the design approach used to address three main issues: access, jurisdictional boundaries, and governance.

BIS: 90% of central banks surveyed are exploring CBDC

“Globally, more than two-thirds of central banks believe it is possible for them to issue a retail CBDC in the short or medium term,” the BIS said.

BIS releases study of CBDCs and their role in financial inclusion of the unbanked

The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges.

90% of surveyed central banks are exploring CBDCs — BIS

“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS.