International agencies have recently reported to G20 officials about tokenization, emphasizing its growing significance and potential impact on global financial systems. These reports underscore the necessity...
The BIS Project Agora has welcomed 41 firms aiming to advance unified ledger technologies. To improve structural inefficiencies in international transfers, seven central banks will collaborate...
The Bank of International Settlement has released a report warning banks to desist from using permissionless blockchains. BIS said that the use of unknown or third-party...
The Bank for International Settlements (BIS) has launched Project Rialto, a foreign exchange (FX) module designed to facilitate instant FX settlement for cross-border payments. According to...
A BIS report warns that inconsistent regulation threatens stablecoin usability, and to ensure the seamless integration of stablecoins into the global financial system, standardized regulations are...
In a groundbreaking collaboration, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) are pooling their efforts to delve into...
General manager of the Bank for International Settlements (BIS), Agustín Carstens, believes central banks have a responsibility to be at the forefront in the digital age...
The Basel Committee on Banking Supervision recently convened to address pressing issues in the global banking industry. During the meeting, they discussed the need to initiate...
In partnership with banks within the Eurosystem, the Bank for International Settlements is building a new data tracking system for crypto assets. The BIS project, Project...
The Bank of Korea (BOK) has revealed its plans for a pilot program aimed at investigating the technicalities of a Central Bank Digital Currency (CBDC). This...
Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has called upon countries to develop clear legal frameworks to support the deployment of...
The Hong Kong Monetary Authority (HKMA) has collaborated with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre...
The Central Bank of the UAE (CBUAE), in partnership with the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF), and the COP28 Presidency,...
Bank of International Settlements (BIS) has warned that crypto assets pose a high risk to the economies of emerging markets. The BIS believes that despite the...
A report by the BIS (Banks for International Settlement) has projected that by 2023, there will be a total of 24 CBDCs launched – broken down...
In order to address the risks posed by cryptocurrencies, economists at the Bank of International Settlements (BIS) have suggested three rules that authorities globally should implement....
