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Crypto Tracking System 'Project Atlas' Initiated By BIS With Major European Banks
Wednesday, October 4, 2023 - 5:01pm | 529Read More...The Bank for International Settlements (BIS) created a proof-of-concept (PoC), named Project Atlas, for a system to track the on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains including Bitcoin. BIS will work with Deutsche Bundesbank, De Nederlandsche Bank,...
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Bank For International Settlements Unveils Cutting-Edge Security Framework For CBDC Resilience
Friday, July 7, 2023 - 1:14pm | 382Read More...The Bank for International Settlements (BIS) has rolled out a new security and resilience framework aimed at protecting Central Bank Digital Currencies (CBDCs) from the ever-evolving landscape of cyberthreats. Developed by the BIS Innovation Hub Nordic Centre, the Polaris framework is a response to...
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Last Leg Of Inflation Fight Will Be Hardest, Says Central Banks' Umbrella Body: 'Rates May Need To Stay Higher For Longer'
Monday, June 26, 2023 - 3:05am | 448Read More...The Bank for International Settlements (BIS), an international financial institution owned by member central banks, has cautioned that despite inflation subsiding in many regions, central banks still have significant work ahead of them. In a statement, the BIS noted, “Despite...
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Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Read More...Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
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Fintech Focus For January 26, 2021
Monday, January 25, 2021 - 7:54pm | 2086Read More...Quote To Start The Day: The greatest wealth is to live content with little. Source: Plato One Big Thing In Fintech: In financial services, the concept of “know your customer” (KYC) is at the heart of establishing trusted relationships with clientele and strategic partners, while...
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'Liquidity Jumping': Stock Market Update For The Week Ahead
Sunday, December 13, 2020 - 6:35pm | 1495Read More...The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...
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Fintech Focus For September 28, 2020
Sunday, September 27, 2020 - 6:42pm | 2058Read More...Quote Of The Day: If everyone fought for their own convictions there would be no war. - Leo Tolstoy Fintech Movers: Both fintech and big tech credit seems to complement other forms of credit, rather than substitute for them, and may increase overall access to credit. - BIS Russia’s...
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Fintech Focus For July 1, 2020
Wednesday, July 1, 2020 - 6:10pm | 1588Read More...Daily Perspective: An analysis of 749 mass shootings over the past six years found that about 60% were either domestic violence attacks or committed by men with histories of domestic violence. - CityLab Fintech Movers: The world’s top listed miner BHP Group said on Tuesday it had made its...
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Central Banks May Raise Interest Rates: How to Profit (UUP, PST, TIP)
Monday, June 27, 2011 - 7:29am | 662Read More...The Bank for International Settlements, or BIS, warned in its annual report that "highly accommodative monetary policies are fast becoming a threat to price stability" and that central banks will need to raise interest rates in order to keep inflation rates from rising too high and to prevent a...
