Bank for International Settlements

BIS Report Highlights How Retail Investors Fared After FTX's Collapse
BIS Report Highlights How Retail Investors Fared After FTX's Collapse
While most crypto app users worldwide lost money on their bitcoin holdings after last year's collapses of the Terra ecosystem and the FTX exchange, investors outside of major...
BIS Report Highlights How Retail Investors Fared After FTX's Collapse

DeFi Can Worsen Volatility Without Even Avoiding Middlemen: BIS
DeFi Can Worsen Volatility Without Even Avoiding Middlemen: BIS
Decentralized finance (DeFi) could lead to bumpier financial markets and may not even fix problems of large intermediaries dominating, two papers published Friday by the Bank...
DeFi Can Worsen Volatility Without Even Avoiding Middlemen: BIS

The headquarters of the Bank for International Settlements, rear, in Basel, Switzerland (trabantos/Getty Images)
DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
The headquarters of the Bank for International Settlements, rear, in Basel, Switzerland (trabantos/Getty Images)

BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct ove...
BIS Report Finds CBDCs Useful in Foreign Exchange Transactions

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

BIS Warns Over Crypto Flaws; Crypto Bailout Battles
BIS Warns Over Crypto Flaws; Crypto Bailout Battles
Bank for International Settlements says crypto unsuitable as money. Morgan Creek said to try countering FTX’s BlockFi bailout. Goldman Sachs reportedly trying to buy distresse...
BIS Warns Over Crypto Flaws; Crypto Bailout Battles

BIS Study: Regulate Ledgers, Not Individual Crypto Providers
BIS Study: Regulate Ledgers, Not Individual Crypto Providers
According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requ...
BIS Study: Regulate Ledgers, Not Individual Crypto Providers

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

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