{"id":16706,"date":"2022-06-28T14:19:02","date_gmt":"2022-06-28T14:19:02","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16706"},"modified":"2022-06-28T14:19:02","modified_gmt":"2022-06-28T14:19:02","slug":"bis-features-cbdcs-as-the-center-of-a-future-monetary-system","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/bis-features-cbdcs-as-the-center-of-a-future-monetary-system\/","title":{"rendered":"BIS Features CBDCs as the Center of a Future Monetary System"},"content":{"rendered":"<p>The Bank for International Settlements (BIS) has drawn up a blueprint for a future monetary system that is grounded in central bank digital currencies (CBDCs), noting in its <em>Annual Economic Report 2022<\/em> that such a system would combine innovation with essential attributes such as safety, stability, accountability, openness and efficiency. BIS also warns of the \u201cdeep structural inadequacies\u201d and inherent risks of cryptocurrencies and decentralized finance (DeFi) models.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16706 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='6 imperatives for financial institutions to return to profitable growth'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/6-imperatives-for-financial-institutions-to-return-to-profitable-growth\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/07\/1d947f0c-a7c6-4abb-9b54-a8333ccbbe481-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15157\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15157'>\n\t\t\t\t6 imperatives for financial institutions to return to profitable growth\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='10 data analytics startups disrupting the financial services industry'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/10-data-analytics-startups-disrupting-the-financial-services-industry\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/09\/19c29cb7-28c5-4ba5-8fe3-308109e6f0b01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15358\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15358'>\n\t\t\t\t10 data analytics startups disrupting the financial services industry\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='USAVE Blockchain, BluPoint to launch African educational campaign'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/usave-blockchain-blupoint-to-launch-african-educational-campaign\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/03\/usave-blockchain-blupoint-to-launch-african-educational-campaign-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12514\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12514'>\n\t\t\t\tUSAVE Blockchain, BluPoint to launch African educational campaign\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Bank for International Settlements (BIS) has drawn up a blueprint for a future monetary system that is grounded in central bank digital currencies (CBDCs), noting in its Annual Economic Report 2022 that such a system would combine innovation with essential attributes such as safety, stability, accountability, openness and efficiency. BIS also warns of the &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16706"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16706"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16706\/revisions"}],"predecessor-version":[{"id":16709,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16706\/revisions\/16709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16707"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}