Discover and read the best of Twitter Threads about #crossborderpayments
Most recents (2)
Brand new survey -and thread - on #CBDCs beyond borders:
bis.org/publ/bppdf/bis…
There is considerable interest in the potential of CBDCs to improve #crossborderpayments - this is also included in the #G20-endorsed roadmap to improve #crossborderpayments. [1/n]
bis.org/publ/bppdf/bis…
There is considerable interest in the potential of CBDCs to improve #crossborderpayments - this is also included in the #G20-endorsed roadmap to improve #crossborderpayments. [1/n]
As part of the roadmap, a stocktake of provisional CBDC designs and experimentation was requested, lead by the CPMI and the @BIS_org Innovation Hub, in consultation with @IMFNews and @WorldBank. BIS Paper 116 contributes to this work...[2/n]
with a survey of 50 central banks’ initial thinking on cross-border use of CBDCs. Findings are:
1. There is a tentative inclination towards allowing use of a future CBDC by tourists and other non-residents domestically.
2. Central banks have a cautious approach... [3/n]
1. There is a tentative inclination towards allowing use of a future CBDC by tourists and other non-residents domestically.
2. Central banks have a cautious approach... [3/n]
Find out the latest from the Bank of England on how Central Bank Synthetic Hegemonic Currencies (SHC) complement the legacy financial system and support monetary policy through a #NetworkofCentralBankDigitalCurrencies #DLT #Blockchain bankofengland.co.uk/-/media/boe/fi…
What I said in Zug. @bankofengland states, that central bank currencies should be run by central banks to complement the existing system, providing stability, efficiency and managing risk. The beginnings of rearchitecting the entire financial system!
According to @BIS_org, this is how central bank currencies fit into the financial system. bis.org/cpmi/publ/d174…
