BIS

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It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of the Bank for International Settlements said.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.

(Bruno Sanchez-Andrade Nuño/Flickr)
Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Crypto Buzzword
Financial stewards including the International Monetary Fund and Bank for International Settlements say tokenization is the future. They’re wrong.
(Bruno Sanchez-Andrade Nuño/Flickr)

BIS Head of Research Hyun Song Shin (BIS)
Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin.
BIS Head of Research Hyun Song Shin (BIS)

Francesca Hopwood Road, head of the BIS Innovation Hub London Centre / BIS
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
Francesca Hopwood Road, head of the BIS Innovation Hub London Centre / BIS