BIS

Bank of England (Camomile Shumba/CoinDesk)
Central Banks Successfully Test DLT in Linking Financial Settlement Systems
The experiment run by the Bank of England and the Bank for International Settlements shows it's possible to settle large synchronized transactions in central bank money, a rep...
Bank of England (Camomile Shumba/CoinDesk)

(Hubert Neufeld/Unsplash)
BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.
(Hubert Neufeld/Unsplash)

BIS head Agustin Carstens (Stephen Jaffe/IMF via Getty Images)
Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS
The Basel Committee on Banking Supervision endorsed in December rules that a bank's exposure to certain cryptocurrencies must not exceed 2%.
BIS head Agustin Carstens (Stephen Jaffe/IMF via Getty Images)

Agustin Carstens, general manager at the BIS. (Horacio Villalobos/Getty Images)
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits.
Agustin Carstens, general manager at the BIS. (Horacio Villalobos/Getty Images)

(Ussama Azam/Unsplash)
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.
(Ussama Azam/Unsplash)

The BIS's London Innovation Hub is experimenting on a stablecoin monitoring system. (Yuichiro Chino/Getty Images)
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data...
The BIS's London Innovation Hub is experimenting on a stablecoin monitoring system. (Yuichiro Chino/Getty Images)

Inside Swiss National Bank's Wholesale CBDC Project
Inside Swiss National Bank's Wholesale CBDC Project
Last week, the Bank for International Settlements (BIS), the Swiss National Bank (SNB) and the country’s stock exchange, SIX, successfully piloted the integration of wholesale...
Inside Swiss National Bank's Wholesale CBDC Project

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

(Gary Yeowell/Getty Images)
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%.
(Gary Yeowell/Getty Images)

(Shutterstock)
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.
(Shutterstock)