{"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='Empowering Africa\u2019s Middle Market through Payments (Video: 15:07)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/empowering-africas-middle-market-through-payments-video-1507\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2024\/05\/Yb6n1q-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17616\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17616'>\n\t\t\t\tEmpowering Africa\u2019s Middle Market through Payments (Video: 15:07)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Can X Become a Financial Super App?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/can-x-become-a-financial-super-app\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/08\/c7db78cd-8bc6-ecd8-6f5a-7946c58c1fa91-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17275\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17275'>\n\t\t\t\tCan X Become a Financial Super App?\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Webinar Series Focused on Refugee Finance Launched'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/webinar-series-focused-on-refugee-finance-launched\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/05\/9748158e-2eed-8197-4465-86324bc4286e1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16661\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16661'>\n\t\t\t\tWebinar Series Focused on Refugee Finance Launched\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}]}}