Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, legal, settlement finality and compliance, the report said.
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Aug 29, 2024 at 11:03 a.m. UTC
Aug 29, 2024
BIS
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.
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Jul 31, 2024 at 3:25 p.m. UTC
Jul 31, 2024
Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
The umbrella body for central banks also cautioned against premature easing of monetary policy.
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Jul 1, 2024 at 11:53 a.m. UTC
Jul 1, 2024
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
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Jun 14, 2024 at 11:08 a.m. UTC
Jun 14, 2024
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Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
The Saudi Central Bank joins the central banks of China, Thailand, Hong Kong and the United Arab Emirates in the project.
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Jun 6, 2024 at 9:59 p.m. UTC
Jun 6, 2024
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Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
The Bank of Israel has not decided on issuing a digital shekel, even as it continues its yearslong effort to explore its issuance.
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May 29, 2024 at 12:26 p.m. UTC
May 29, 2024
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Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
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Apr 9, 2024 at 12:00 p.m. UTC
Apr 9, 2024
Central Bank Group Starts Tokenization Project to Enhance Monetary System
The project seeks to build a "usable" solution to integrate tokenized commercial bank deposits with central bank money using smart contracts and programmability, officials at...
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Apr 3, 2024 at 2:00 p.m. UTC
Apr 3, 2024
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DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.
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Mar 14, 2024 at 10:44 a.m. UTC
Mar 14, 2024
Central Banks Aren't Sufficiently Ready for CBDC Risks: BIS Report
The introduction of national digital currencies could have "major implications" for the business model of central banks and the risks they face, a Bank for International Settl...
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Nov 30, 2023 at 12:21 p.m. UTC
Nov 30, 2023