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CECILIA SKINGSLEY
Central banks must prepare for profound impact of AI, BIS saysIn its first major report about the rapidly advancing world of AI Bank for International Settlements (BIS)has said, policymakers need to ha...- New look CBDCs and cryptomarket to emerge from turmoil, top BIS official saysLast year's collapse of Sam Bankman-Fried's FTX empire as well as Celcius, Three Arrows Capital and a number of 'stablecoins' saw many of i...
- Bitcoins and Cash Vaults: Indian HNIs get pitches for new havensCash vaults, which are huge in size unlike typical bank lockers, and can contain not just cash but also gold, data, paintings & sculptures,...
- Regulating cryptocurrencies can help boost trust in themWhile regulations for crypto currencies are still evolving, Sweden is already planning to launch its own digital currency.
- In cashless Sweden, even God's share comes via appThe churches’ drive to keep up with the times is the latest sign of Sweden’s rapid shift to a world without notes and coins.
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