2023-3-7 21:01 |
The BIS says a transnational system that connects digital currencies issued by central banks would make it possible to make worldwide cheaper and safer payments. origin »
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In reaction to the BIS governor's comments that fiat had "won the war" against crypto and that "technology doesn't make for trustworthy money," a few people in the crypto community have spoken out.
2023-2-24 20:37 | |
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The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
2022-12-17 17:27 | |
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To make cross-border payments easier, you need to change your whole way of thinking, the authors of the BIS study found.
2022-5-20 13:59 | |
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El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements.
2021-6-11 13:47 | |
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In a report issued on April 3, 2020, the Bank of International Settlements (BIS) opined that it could soon ramp up its operations to make way for central bank digital currencies (CBDC) and digital payments amid the COVID-19 pandemic.
2020-4-5 13:00 | |
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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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The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute.
2018-6-22 21:43 | |
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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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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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Центральный банк Израиля (BOI) сообщил, что начинает эксперимент по выпуску цифрового шекеля — при помощи созданного вместе с центробанком Великобритании сервиса Rosalind.
The introduction of central bank digital currencies could have major implications on the stability, the report said.
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.