The Bank for International Settlements’ Annual Economic Report 2023 dedicates a significant portion to a ‘Blueprint for the future monetary system’, covering tokenization, CBDCs, smart contracts, and a proposed unified ledger.

Project Rosalind provides a communication layer between both account-based and token-based ledgers maintained by a central bank and user front-ends developed by ecosystem service and payment interface providers.

Malaysia's state and private sector organizations advance in blockchain technology projects by actively collaborating with their international counterparts.

Recently BIS published a working paper on crypto trading and retail adoption. The main idea was “to provide cross-country evidence that retail investors enter the market following Bitcoin price increases”.

The BIS report has revealed an $80 trillion debt falling out of the balance sheets of financial organizations. It might be a ticking bomb for the next crisis. The ‘blind spot’, as the report refers to it, was found in foreign exchange swaps, or FX swaps. The main participants of

The Bank for International Settlements Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority cooperated to create a two-tier CBDC system that mirrors the current Hong Kong currency system and features unusual CBDC-backed stablecoins.

SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.