BIS

16:9 BIS tower building (BIS)
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...
16:9 BIS tower building (BIS)

Lock (Georg Bommeli/ Unsplash)
Central Bank Project Shows CBDC Payments Can Be Private
The BIS project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the initiative said.
Lock (Georg Bommeli/ Unsplash)

(Georg Bommeli/ Unsplash)
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive product...
(Georg Bommeli/ Unsplash)

Thumbs down (Markus Spiske / Unsplash)
BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements s...
Thumbs down (Markus Spiske / Unsplash)

Agustin Carstens (Horacio Villalobos / Getty Images)
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
Agustin Carstens (Horacio Villalobos / Getty Images)

Globe, World (Kyle Glenn/Unsplash)
Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
Globe, World (Kyle Glenn/Unsplash)

(NASA/Unsplash)
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
(NASA/Unsplash)

Agustin Carstens (Horacio Villalobos / Getty Images)
Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of the Bank for International Settlements said.
Agustin Carstens (Horacio Villalobos / Getty Images)

Central banks from Mexico and Colombia studied crypto's role in the developing world. (Flickr)
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.
Central banks from Mexico and Colombia studied crypto's role in the developing world. (Flickr)

BIS headquarters in Basel, Switzerland.
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.
BIS headquarters in Basel, Switzerland.