2023-2-22 20:38 |
Agustin Carstens, the head of the Bank for International Settlements (BIS), has declared victory over crypto
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US investors involved in crypto are not driven by a distrust of the mainstream financial industry, according to the Bank for International Settlements (BIS). The post Crypto Adoption Not Driven by Mistrust, BIS Finds appeared first on BeInCrypto.
2021-7-2 21:05 | |
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“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements.
2019-3-23 04:58 | |
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The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features.
2019-3-23 00:00 | |
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A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market.
2019-3-15 11:20 | |
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The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS).
2019-3-14 12:00 | |
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The action of intervention often has negative connotations, but sometimes intervention can save lives, as any surgeon will probably tell you. The Bank of International Settlements (BIS) has put out a new research paper that explores the economics of intervention into bitcoin’s blockchain.
2019-1-24 00:30 | |
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In its recently released quarterly report, the Bank of International Settlements looks at the reasons behind cryptocurrencies’ wide price swings and the possibilities for international regulation.
2018-9-26 21:37 | |
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When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.
2018-9-25 17:30 | |
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Regulatory news and reports about combating money laundering and terrorist financing significantly impact the market performance of Bitcoin (BTC) and altcoins, according to BIS economists Raphael Auer and Stijn Claessens.
2018-9-25 14:27 | |
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The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.
2018-7-5 17:00 | |
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The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
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Recently, a Bank for International Settlements Analysis criticized several features of crypto coins and assets, making them unfit for widespread adoption.
2018-6-29 08:34 | |
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The Bank for International Settlements’ (BIS) economic adviser and head of research Hyun Song Shin has said that cryptocurrencies should be treated the same as stocks and bonds, Business Times reported June 25.
2018-6-26 06:52 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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Cryptocurrency is a poor substitute for fiat money, claims the Bank of International Settlements in a chapter of its annual report, released on June 17. The sender is the message Before delving into the substance of the claim, a brief review of where it comes from is instrumental. The Bank of International Settlements is an
2018-6-21 16:38 | |
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The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified?
2018-6-21 13:24 | |
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Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to state as fact. CEO and co-founder of Circle Jeremy Allaire commented that the report was “very shallow,” and added, “They haven’t done much research at all. These assumptions are fallacious in
2018-6-21 01:26 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.
2018-6-20 11:20 | |
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Over the past few days, media outlets have taken it in turns to report on a recent assessment published by the Bank of International Settlements (BIS) on Sunday. Titled as “Cryptocurrencies: looking beyond the hype” and running to 24-pages, the BIS report argues that cryptocurrency would make a poor substitute for fiat currency, highlighting problems with instability; a […] The post BIS Crypto Report Undermines Itself. Not Cryptocurrency. appeared first on Crypto Briefing.
2018-6-20 18:39 | |
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Crypto markets experience solid gains today, despite news of a scathing report on crypto from the Bank of International Settlements
2018-6-19 20:41 | |
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This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective.
2018-6-18 13:30 | |
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