{"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='Big Data in banking is becoming everything'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/big-data-in-banking-is-becoming-everything\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/a24d86ab-7a8e-4877-a527-8a9c493d3a051-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15375\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15375'>\n\t\t\t\tBig Data in banking is becoming everything\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Societe Generale to close 300 branches in move towards digital banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/societe-generale-to-close-300-branches-in-move-towards-digital-banking\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/paris-1836415_960_720-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8875\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8875'>\n\t\t\t\tSociete Generale to close 300 branches in move towards digital banking\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Number of bank branches in the Czech Republic decreasing'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/number-of-bank-branches-in-the-czech-republic-decreasing\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/label-storefront-depression-vintage-road_1339-61-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8884\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8884'>\n\t\t\t\tNumber of bank branches in the Czech Republic decreasing\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}]}}