BIS

In Basel, Switzerland, regulators are hoping to decide how banks can interact with crypto such as bitcoin (trabantos/Getty Images)
Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultatio...
In Basel, Switzerland, regulators are hoping to decide how banks can interact with crypto such as bitcoin (trabantos/Getty Images)

Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability. (BIS)
Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deput...
Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability. (BIS)

The recent crypto crash might have a silver lining: Some industry sources contend that it could ultimately bring about more stability. (Jonny Clow/Unsplash)
Recent Crypto 'Bloodbath' Is Not Necessarily Bad, Regulators Say
The downturn can help weed out shady characters and doomed ventures, a number of officials and entrepreneurs said at a forum in Zurich last week.
The recent crypto crash might have a silver lining: Some industry sources contend that it could ultimately bring about more stability. (Jonny Clow/Unsplash)

(Harold Cunningham/Getty)
CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says
A 42-page chapter in the Bank for International Settlements’ annual economic report envisions a future where programmability and tokenization are built on top of central bank...
(Harold Cunningham/Getty)

Basel, Switzerland, home to the BIS (Allan Baxter/Getty images)
BIS Economists Contend Crypto Can't Fulfill the Role of Money
The nature of permissionless blockchains necessarily leads to “fragmentation of the crypto landscape,” according to the central banking group.
Basel, Switzerland, home to the BIS (Allan Baxter/Getty images)

Cecilia Skingsley (BIS)
BIS Appoints Cecilia Skingsley as Head of Innovation Hub
Skingsley is currently the first deputy governor of Swedish central bank, Sveriges Riksbank.
Cecilia Skingsley (BIS)

DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable dec...
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official

Raphael Auer, head of the BIS Innovation Hub's Eurosystem Centre, argues that "embedded supervision" can change the game for DeFi regulation. (BIS)
DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says
A new BIS working paper makes a case for "embedded supervision" that argues regulatory oversight can be built into seemingly untamable decentralized finance systems.
Raphael Auer, head of the BIS Innovation Hub's Eurosystem Centre, argues that "embedded supervision" can change the game for DeFi regulation. (BIS)

International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)
Regulate Ledgers and Not Individual Crypto Providers, BIS Study Says
To make cross-border payments easier, you need to change your whole way of thinking, the authors of the BIS study found.
International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)

Survey: 9 Out of 10 Central Banks are Exploring CBDCs
Survey: 9 Out of 10 Central Banks are Exploring CBDCs
According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC),...
Survey: 9 Out of 10 Central Banks are Exploring CBDCs