Tag: BIS
DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
The BIS has been exploring the DeFi space for some time now. In 2023, the BIS said it worked with the central banks of France, Singapore and Switzerla [...]
Ripple and BIS Aim to Transform $7.5 Trillion Forex Market – DailyCoin
Ripple and BIS Aim to Transform $7.5 Trillion Forex Market DailyCoin
dailycoin.com [...]
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
"A key risk are the potential gaps in central banks’ internal capabilities and skills," the report by the BIS Consultative Group on Risk Management sa [...]
BIS advises central banks to plan in advance for CBDC security
Issuance of a central bank digital currency (CBDC) requires adequate attention to security, the Bank for International Settlements (BIS) reminded cent [...]
BIS Innovation Hub presents its ‘private CBDC’ project
The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its “private CBDC” initiative, Project Tourbillon. The p [...]
Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDC Innovation
When considering the design of a CBDC, people will also have to grapple with difficult questions on choice, inclusion and stability, Skingsley said. B [...]
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central [...]
Privacy Protection Is Among Key Wants for CBDCs, BIS Says
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Stablecoins ‘not a safe store of value’: BIS
The Bank of International Settlements (BIS), a coalition of the world's central banks, criticized stablecoins as being "not a safe store of value" in [...]
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 In [...]
BIS General Manager urges central banks to “lead innovation” for CBDCs
Central banks have a responsibility not only to keep pace with the digital age but to lead innovation, Agustín Carstens, General Manager of the Bank f [...]
CBDCs ‘Central’ to Innovating Financial Systems: BIS Chief Agustín Carstens
"Whether in wholesale form – as a type of digital central bank reserve – or retail form – as a digital banknote – it is increasingly clear, at least t [...]
Stablecoin Drawbacks in Cross-Border Use Outweigh Benefits, Payments Standard-Setter CPMI Says
The Committee on Payment and Market Infrastructures (CPMI), which sets norms for the sector for the Bank for International Settlements, said stablecoi [...]
Improved forex reserve provided policymakers room for manoeuvre: BIS report – Business Standard
Improved forex reserve provided policymakers room for manoeuvre: BIS report Business Standard
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Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The Basel Committee of the Bank of International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for banks [...]