Tag: Central Banks
Enhancing Cross-Border Compliance: BIS Collaborates with Central Banks for Project Mandala
The Bank for International Settlements (BIS) has teamed up with various central banks to address the issue of cross-border compliance with Project Mandala, as reported on Oct. 28. This collaboration involves the BIS Innovation...
Losing Control of Our Currencies: Understanding the Shift in Monetary Power
Currency has played a crucial role in shaping human societies throughout history. From bartering to coins and paper money, the evolution of currency reflects the advancement of civilization. However, in recent years, the control...
Exploring CBDCs: BIS Survey Reveals Rising Interest
Central banks around the world are showing a growing interest in exploring the concept of a central bank digital currency (CBDC), according to a recent survey conducted by the Bank for International Settlements (BIS)....
