It's an ambitious project initiated by the BIS to modernize correspondent banking using a unified ledger, tokenized deposits and wholesale CBDC from seven central banks.
Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world's oil trade being done in U.S. dollars.
Paul Buitink interviews David Rogers Webb, former hedge fund manager of Varus and author of "The Great Taking". David states in his book that there is a global elite implementing a system to take everything from everyone.
The Bretton Woods Committee has released a new call for the United States to launch a central bank digital currency, or CBDC.
There are Liberty Lovers that advocate for DeCentralization of everything and there are They/Them/Those that insist on the Centralization of EVERYTHING!... and T3 wrote it down.
The IMF is warning that with all these CBDCs about to launch, there need to be global inter-operability standards between them all, and they're working on a global platform to facilitate just that.
"Tokenisation is more than just the digital representation of money and assets.
Kind reminder of how much control central banks officially (and casually) say they want over your money.
Since Technocrats demonstrably have it in for Capitalism and Free Market Economics, is it conceivable that they would intentionally pull the tripwire on the gargantuan derivative market? The size of this obscure market is well over 1 quadrillion doll
- financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.
Connecting economies through #CBDC: A joint project of the Bank for International Settlements
The perdurable emergency "pandemic" scheme has emboldened the banksters such that they are now showing their hand, goading the public with their cashless power grab.
"Gold to central bankers is like the sun to vampires."
A new report from the Bank of International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC):
In the December edition of its quarterly review of the economy and finance, the Bank for International Settlements (BIS) took aim at decentralized finance, calling the ambitions of its proponents unrealistic and expressing concern over its potentiall
The Bank for International Settlements (BIS) and four central banks will test the use of digital currencies for cross-border transactions.
The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use of central bank digital currencies (CBDCs) in cro
This article looks at the likely consequences of the Bank for International Settlements' introduction of the net stable funding requirement (NSFR) for bank balance sheets, insofar as they apply to their positions in gold, silver and other commodity
The ideological agenda of central banks to digitise the entirety of the world's financial system and to maintain their power base is being spearheaded by the BIS...
Over the past few days, many investors have asked why, with its currency in freefall again as its reserves evaporate, did Turkey take the drastic measure of sending its overnight swap rate above 1,000% in a clear attempt to crush the shorts.
BIS: Basel III Return Of Gold As Money
After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, one month ago
Central banks must clamp down on bitcoin and other cryptocurrencies to stop them "piggybacking" on mainstream institutions and becoming a "threat to financial stability", the head of the Bank for International Settlements has warned.
The Bank of International Settlements is particularly good at two things in its periodic quarterly review update: i) stating the obvious, especially when it comes to summarizing the trader and market participants concerns at any given moment, and ii)
"Europe's deep economic malaise is the result of "deliberate" policy choices made by EU elites, according to the former governor of the Bank of England." -"UK Telegraph
