{"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='First-ever factoring app hits Polish market'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/first-ever-factoring-app-hits-polish-market\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/First-ever-factoring-app-hits-Polish-market-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6787\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/First-ever-factoring-app-hits-Polish-market-150x150.png 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/First-ever-factoring-app-hits-Polish-market-100x100.png 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6787'>\n\t\t\t\tFirst-ever factoring app hits Polish market\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The promise of FinTech hackathons'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-promise-of-fintech-hackathons\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/04\/graphic-designers-meeting_1170-2002-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12677\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12677'>\n\t\t\t\tThe promise of FinTech hackathons\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='McKinsey Report Highlights \u201cInevitable Changes\u201d from CBDC Adoption'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/mckinsey-report-highlights-inevitable-changes-from-cbdc-adoption\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/10\/0372bbc8-b4f1-e544-0553-3cb538a5ba3d1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16398\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16398'>\n\t\t\t\tMcKinsey Report Highlights \u201cInevitable Changes\u201d from CBDC Adoption\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}]}}