bis

Policy

Regulations

Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025

The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.

By Camomile Shumba

Sponsored

Dec 16, 2022 at 5:31 p.m. UTC

Dec 16, 2022

regulationsCryptoBISbanksStandards

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Policy

Regulations

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight

Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

By Sandali Handagama

Sponsored

Nov 28, 2022 at 4:33 p.m. UTC

Nov 28, 2022

regulationsBISbankingBanking RegulationBitcoinSingapore

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Tech

David chaum

David Chaum Rolls Out Privacy-Protecting CBDC Technology

The “godfather of cryptocurrency” suggested a CBDC design for a pilot with the Swiss National Bank.

By Anna Baydakova

Sponsored

Nov 10, 2022 at 9:32 a.m. UTC

Nov 10, 2022

David ChaumecashCBDCBISSwiss National Bank

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Policy

Regulations

France, Switzerland, Singapore to Test DeFi in Forex Markets

The countries' central banks started Project Mariana because they think decentralization could be the future of finance.

By Jack Schickler

Sponsored

Nov 2, 2022 at 9:12 a.m. UTC

Nov 2, 2022

regulationsBISCBDCCBDCsForeign ExchangeCross-Border PaymentsDeFi

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Policy

Regulations

Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report

The Bank for International Settlements tested its mBridge project for foreign exchange transactions.

By Nikhilesh De

Sponsored

Oct 26, 2022 at 7:00 a.m. UTC

Oct 26, 2022

regulationsBISCBDCsBank of China

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Policy

Regulations

CBDCs Can Work With Stablecoins, Central Bank Trial Finds

The Hong Kong Monetary Authority claims its retail central bank digital currency prototype safeguards flexibility and privacy.

By Jack Schickler

Sponsored

Oct 21, 2022 at 8:59 a.m. UTC

Oct 21, 2022

regulationsCBDCHong KongHong Kong Monetary AuthorityBIS

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Policy

Regulations

‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say

Banks want to see caps on bitcoin holdings increased fivefold under planned global standards

By Jack Schickler

Sponsored

Oct 4, 2022 at 12:00 p.m. UTC

Oct 4, 2022

regulationsBankingBISBanking Regulation

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Policy

Regulations

Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says

Planned capital requirements for bitcoin could undermine financial reforms and make it harder to curb risks, a group representing the futures industry is to tell the Basel Committee on Banking Supervision.

By Jack Schickler

Sponsored

Sep 30, 2022 at 3:41 p.m. UTC

Sep 30, 2022

regulationsBanking RegulationBISFutures

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Policy

Cbdc

Landmark International CBDC Test Deemed Success, BIS Says

Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said

By Jack Schickler

Sponsored

Sep 27, 2022 at 4:25 p.m. UTC

Sep 27, 2022

CBDCThailandChinaUAEHong KongBISCross-Border PaymentsRegulation

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Policy

Regulations

International Regulators Struggle With How to Oversee DeFi

Standard setters want to tackle the growing decentralized finance sector, but they aren’t sure how to do it.

By Jack Schickler

Sponsored

Sep 8, 2022 at 1:47 p.m. UTC

Sep 8, 2022

regulationsDeFiFinancial Stability BoardBIS

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