BIS

Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 mi...
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says

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

Survey: 9 Out of 10 Central Banks are Exploring CBDCs
Survey: 9 Out of 10 Central Banks are Exploring CBDCs
According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC),...
Survey: 9 Out of 10 Central Banks are Exploring CBDCs

BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol
BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol
BIS unveils plans for Hong Kong and Singapore in 2022. Korean police work with Interpol on bitcoin phishing case. OpenSea NFT marketplace hacked for 332 ETH. We’ll have more o...
BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol

Is DeFi’s Decentralization Just an Illusion?
Is DeFi’s Decentralization Just an Illusion?
In its latest quarterly review, the Bank for International Settlements (BIS) said decentralized finance (DeFi) has a centralization problem, and policymakers should use it to...
Is DeFi’s Decentralization Just an Illusion?

BIS Report Questions Whether Stablecoins, CBDCs Can Create Risks in Developing Countries
BIS Report Questions Whether Stablecoins, CBDCs Can Create Risks in Developing Countries
A new paper released Friday by the Bank for International Settlements (BIS) reveals although stablecoins may be adopted in some emerging markets and developing economies (EMDE...
BIS Report Questions Whether Stablecoins, CBDCs Can Create Risks in Developing Countries

BIS, IMF, World Bank: Central Banks Must Consider Cross-Border Implications of CBDCs
BIS, IMF, World Bank: Central Banks Must Consider Cross-Border Implications of CBDCs
In a paper published Friday, the Bank for International Settlements (BIS) said central banks worldwide should be focused more on cross-border settlement issues than domestic i...
BIS, IMF, World Bank: Central Banks Must Consider Cross-Border Implications of CBDCs

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BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs
Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.
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BIS Rules Out Distrust in Mainstream Finance as Crypto Driver
People with more security concerns about fiat money may seek information about crypto, but ultimately decide not to invest.
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BIS Says Bitcoin Has Few Redeeming Attributes
Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.
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