203 documents
The framework analyzes cross-border retail CBDC payments across 5 core elements: access, communication, currency conversion, compliance, and settlement.
Total fundraising in Europe during 2023 reached €132.9bn, representing a 3% decline from the previous five-year average, with 744 funds raising capital.
Thirty of the 33 central banks in sub-Saharan Africa responded to the regional survey on digital currencies and payments.
A speech by the Chair or Vice Chair draws about 65 distinct Reuters articles, whereas a speech by another Board governor draws about 10.
By 2020, general-equilibrium price changes caused by rising U.S. earnings inequality alone raised the average wealth of the top 0.1% by 25%.
Total fundraising in Europe reached €120bn during 2024, representing a 12% decrease from the previous year.
CEE fundraising rebounded strongly in 2024, reaching €1.42 billion, representing a 66% increase from 2023.
A new record of 397 financing rounds was set for Swiss start-ups in 2023.
reached 483 companies by the close of 2023, reflecting a yearly growth of eleven percent, while Liechtenstein hosted 22 FinTech companies.
The Swiss insurance sector generated CHF 28.1 billion in direct gross value and managed investments totaling CHF 528 billion.
Total crypto asset market capitalization peaked at around $3 trillion in November 2021 before falling below $1 trillion.
Preliminary H1 2023 fundraising figures for Europe reached €32.9bn, marking a 60% drop compared to the revised H1 2022 figure.
Pessimistic perception of the current fundraising environment was shared by 70% of VC respondents in 2023.
Central banks must develop a long-term vision for monetary and payment systems spanning a time horizon of at least 5 to 10 years as economic digitalization accelerates.
According to a 2022 BIS survey, 93 percent of central banks are actively exploring CBDCs and 58 percent report being likely to or possibly issuing a retail CBDC in the short or medium term.
Central banks are exploring retail and wholesale CBDCs to complement traditional cross-border payment rails and lower transfer costs.
Financial inclusion is a top priority, with about 60 percent of emerging and low-income countries considering it one of their top three motivations for issuing a retail CBDC.
ChatGPT acquired more than 100 million active users within two months of its launch on November 30, 2022.
The IMF mandate is governed by the central banks and finance ministries of 190 member countries.
In Ghana, the growth of mobile money increased access to financial services for unbanked demographics, with 35 percent of adults in rural areas reporting having used the service between 2014 and 2017.
Tether and USD Coin attempt to maintain a stable value by being purportedly backed one-for-one in value to underlying assets.
In 2021, there were more than 300 million users of digital payments and more than 30 million users of digital banks across Latin America.
In March 2023, the European Commission committed to reducing reporting requirements by 25% to reduce red tape and strengthen European competitiveness.
Preliminary H1 2022 fundraising figures for Europe reached €64.5bn, close to the H1 2021 record figure of €66.0bn.
The 2022 wave of the survey gathered anonymised responses from 443 venture capital fund managers across 362 VC firms.
By August 2021, total crypto asset volume had grown by 230 percent year over year in Asian emerging market economies.
In the first half of 2022, total invested capital in Swiss start-up financing rose to almost CHF 2.6 billion across more than 160 financing rounds.
The global payment system is estimated to consume 47.3 TWh of energy annually, accounting for roughly 0.2 percent of total global electricity consumption.
Globally, the scale of crypto assets remains relatively small at $2–$3 trillion, or about 1 percent of total market value of financial assets.
In late 2021, the Central Bank of The Bahamas recorded around 20,000 active Sand Dollar wallets within a population of about 400,000.
