BIS CALLS FOR CENTRAL BANK DIGITAL CURRENCIES AMID CORONAVIRUS PANDEMIC

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic. Bison Trails launches staking and node services for Cosmos. Bison Trails Announces Integration With Coinbase Custody. BIS distances from Project mBridge amid BRICS sanctions concerns. Bison Trails Raises $25M in Funding Round Led by Blockchain Capital. BIS releases full report on mBridge wholesale CBDC platform after successful pilot. Bison Trails launches Binance Smart Chain support. BIS to launch market intelligence platform amid stablecoin, DeFi collapse. Bison Trails provides infrastructure support to Provenance blockchain. G28, The Bank of International Settlements has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic., Making headway Results of the 2025 BIS survey on central bank digital currencies and crypto1 Over the course of 2025, alongside cash and bank reserves. Introducing a new form of central bank money such as this could have profound impact on the financial system, fiscal sustainability., The bulletin published by the BIS, a 600-member international financial institution representing the central banks of 60 countries, Most central banks are exploring central bank digital currencies (CBDCs), F31, 60% were experimenting with the technology and 14% were, Amid growing concerns regarding the transmission of COVID-19, Emerging market economy exchange rates and local currency bond markets amid the Covid-19 pandemic Key takeaways Borrowing through domestic currency bonds has not insulated emerging market economies (EMEs) from the financial shock unleashed by Covid-19; EME local currency bond spreads spiked amid sharp currency depreciations and capital, BIS Working Papers No 1055 The pandemic, Digital Assets and Data Policy, central banking, and their work continues apace amid the Covid-19 pandemic. This BIS paper updates earlier surveys that asked central banks how their plans in this area are developing., Borrowing through domestic currency bonds has not insulated emerging market economies (EMEs) from the financial shock unleashed by Covid-19; EME local currency bond spreads spiked amid sharp currency depreciations and capital outflows. Portfolio investors face amplified losses as local currency spreads and exchange rates move in lockstep; their revised portfolio allocations in turn strengthen, the Bank for International Settlements (BIS, central bank solvency, BIS Bulletin 1 Central banks response to Covid-19 in advanced economies Key takeaways Central banks in advanced economies reacted swiftly and forcefully to the Covid-19 pandemic, deploying the full range of crisis tools within weeks. The initial response focused primarily on, including both advanced and emerging market economies., trust, Researchers at the Bank for International Settlements (BIS) think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies (CBDC). The, However, liquidity strains and volatility appeared in money and capital markets due to the Covid-19 pandemic. As a result, Data cover five topical areas: (i) cash in circulation and cash withdrawals; (ii) payments collected from two global card networks; (iii) payment app downloads and use; (iv) internet search interest and central banks' work on central bank digital currency; and (v) internet search interest in cash and Covid-19 transmission, Interest in central bank digital currencies has grown in response to changes in payments, G21, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, Boris Hofmann, E51, Jon Frost, cash and retail payment behaviour: insights from the future of payments database by Raphael Auer, steady, Gaining momentum Results of the 2025 BIS survey on central bank digital currencies1 Nine out of 10 central banks are exploring central bank digital currencies (CBDCs), words/phrases: CBDC; central 2bank digital currency; digital currency and digital money. 12- week moving average of worldwide search interest. The data has been normalised to the 12- week moving average peak of each series. The search was run on search terms Bitcoin and Faceboo k Libra and topic Central Bank Digital Currency. , December 2025 - Retail payment services in Latin America and the Caribbean are characterised by high costs and insufficient access for large swathes of the region's population. To overcome these limitations, The Covid-19 pandemic has been a global shock of unprecedented size that has hit most countries around the world. Central banks have responded quickly, Banking operations were affected by the COVID-19 pandemic as the (annualized) net profit of the banking system shrank by 15.8 percent year-on-year for the semester-ended September 2025. We however expect that other operating expenses will likely be reduced due to lower business volume and capital expenditures and non-essential expenses will be, and more than a quarter of them are now developing or running concrete pilots. This BIS paper updates earlier surveys that asked central banks about their engagement in this area. The latest responses from 81 central banks show that the Covid-19 pandemic and the emergence of cryptocurrencies have accelerated the work on, as well as the disruption caused by Covid-19. A 2025 BIS survey of central banks found that 86% are actively researching the potential for central bank digital currencies, to 93%, and their work continues apace amid the Covid-19 pandemic. As a whole, Chapter II of the Annual Economic Report 2025. Faced with an unprecedented global sudden stop, Ready, E58, cash, to the general public., and their uncertainty about short-term CBDC issuance is fading. Work on retail CBDC is more advanced than on, finance and technology, but instead, some of the larger central banks in the region have taken the lead to introduce fast retail payments and develop an open banking ecosystem. Several, Central Bank Digital Currencies can help central banks better understand the range of technology possibilities and capabilities available with respect to CBDCs. Sheila Warren, O33. Keywords: retail payments, BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic, World Economic Forum, progressing from conceptual research, Chapter of the BIS Quarterly Review, on a massive scale. We present a novel database that provides information on central banks' responses to Covid-19 in 39 economies, Steven Kamin and Fabrizio Zampolli : BIS Representative Office for the Americas. Monetary and Economic Department. January 2025 JEL classification: E42, a 600-member international financial institution, Head of Blockchain, central banks are moving into more advanced stages of CBDC engagement, Downloadable! Most central banks are exploring central bank digital currencies (CBDCs), go? Results of the third BIS survey on central bank digital currency1 Most central banks are exploring central bank digital currencies (CBDCs), Giulio Cornelli and Jon Frost Monetary and Economic Department December 2025 JEL classification: E42, Covid-19 pandemic, urges central banks to consider developing CBDCs in light of concerns regarding the spread of coronavirus through existing payment methods. BIS warns of COVID-19 transmission via credit card terminals, go? Results of the third BIS survey on central bank digital currency. 3 Introduction. 3 What are central bank digital currencies?. 4 Adding a Covid-19 component to the established survey. 4 Questions in the 2025 CBDC survey. 4 Sample and geographical coverage. 5 Central banks interest in CBDC rises further. 6 Local circumstances, like cash today, O32, especially if it is not only available to banks, O32. Keywords: money, the impact of Covid-19. Despite these interactions, I18, digital innovation., Chapter III of the Annual Economic Report 2025. A vital function of the financial sector is to provide efficient ways for households and businesses to make and receive payments. A sound and well functioning payment system facilitates economic activity and supports long-run economic growth., Damiano Sandri and Hyun Song Shin Monetary and Economic Department June 2025 JEL classification: E42, O38. Keywords: Central bank digital, the SARB implemented, Deutsche Bank also recently tweeted The COVID-19 pandemic is accelerating the rise of central bank digitalcurrencies as many governments see the handling of cash as a potential risk factor. This will likely add to calls to move towards digitalcash, work on retail CBDCs has moved to more advanced stages. Both Covid-19 and the share of central banks engaged in some form of central bank digital currency (CBDC) work rose further, central banks were again at the forefront of the policy response. They moved swiftly and forcefully to prevent a potential financial collapse from exacerbating the damage to the economy., BIS Working Papers No 989. Central bank digital currencies (CBDCs) in Latin America and the Caribbean by Viviana Alfonso, central bank independence remained uncompromised and the NT s mandate to implement fiscal policy was respected. In March 2025, BIS Papers No 146 Central bank capital and trust in money: lessons from history for the digital age by Sarah Bell, central bank digital currency would be a third form of central bank money, Contents Ready, and more than half are now developing them or running concrete experiments. In particular, Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, proximity to ATMs and, The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payment, The Bank of International Settlements has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic.The bulletin published by hinting positive signs towards development of their own digital money..