The Bureau of Industry and Security (BIS) of the United States Department of Commerce announced the expansion of existing restrictions on the export of artificial intelligence (AI) chips to China.
The BIS has explained that these new regulations seek to strengthen the measures previously…
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The Bank for International Settlements and the IDB promote financial inclusion in Latin America
The general director of the BPI, Agustín Carstens, and the president of the IDB, Ilan Goldfajn, were responsible for signing this agreement last Thursday to strengthen regional cooperation and integration to develop innovative technologies…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Banxico will issue its digital currency in 2024
In 2021 the central banks of different countries discussed the possibility of creating digital currencies (CBDs, with its acronym in English) in the coming years. The Bank of Mexico (Banxico) reported that it will issue its digital…
BIS prepares fintech projects for North America and Europe
The Bank for International Settlements (BIS), the central banks controller, will expand the drive for monetary innovation with the creation of four new fintech centers in Europe and North America over the next two years in collaboration…