BIS proposes new cross-border CBDC payment system

BIS	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.

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Источник: btcmanager.com

bis make → Результатов: 11

Fiat currency beat crypto says BIS head Carstens

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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DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say

The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.

2022-12-17 17:27	policy
crypto innovations pessimism continues seek efficient markets

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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.

2022-5-20 13:59	policy
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El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec

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	Regulation
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BIS Report: COVID-19 Pandemic Could Spur CBDC and Digital Payments Adoption

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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BIS Manager: Bank-Issued “Crypto” Will Make for “Unpredictable” Consequences

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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Bank for International Settlements: Cryptocurrencies Beyond the Hype

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	Cryptocurrency
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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

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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BIS Crypto Report Undermines Itself. Not Cryptocurrency.

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	Media
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Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief

It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.