In a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.
Read MoreIn a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.
Read MoreA groundbreaking initiative by the Bank for International Settlements (BIS) and the Bank of England has unveiled Pyxtrial, a new system designed to deliver near real-time data on the liabilities and assets backing stablecoins.
Read MoreThe Bank for International Settlements (BIS) recently released new guidance aimed at regulating stablecoins, posing a significant challenge to the dominance of Tether (USDT) and USD Coin (USDC), the two largest stablecoins by market capitalization.
Read MoreSaudi Arabia has taken a significant leap towards the future of international trade by joining the mBridge Initiative, a collaborative effort led by the Bank for International Settlements (BIS) Innovation Hub. This initiative focuses on developing a robust infrastructure for cross-border payments using central bank digital currencies (CBDCs).
Read More