Bank of International Settlements

DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable dec...
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official

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BIS Survey Finds Central Banks Keen on Tourists, Non-Residents Using Upcoming CBDCs
“Central banks are considering a variety of [multi-CBDC] arrangements,” BIS researchers wrote.
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Making Bitcoin Legal Tender in El Salvador an 'Interesting Experiment,' Central Banking Official Says
At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."
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Bank of International Settlements Says China's Digital Yuan Will Not Have 'First Mover Advantage'
Bank of International Settlements Says China’s Digital Yuan Will Not Have ‘First Mover Advantage’
Bank of International Settlements General Manager Agustin Carstens pushed back against claims that China’s digital yuan would give the country a “first mover advantage” in the...
Bank of International Settlements Says China's Digital Yuan Will Not Have 'First Mover Advantage'

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From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
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China's DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.
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Bitcoin's Proof-of-Work Algorithm Needs Replacing, Argues BIS Study
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study.
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Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery
The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.
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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
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