Tag: bis

Nov 16 2022

BIS Study: A Vast Majority of Retail Investors Lost Money In Bitcoin

Switzerland-based Bank of International Settlements (BIS) recently conducted a survey on how retail investors use crypto exchange apps and found that a wide majority i.e. one-third of retail investors have lost money in Bitcoin. BIS's...

Oct 27 2022

BIS publishes detailed report on mBridge wholesale CBDC platform

Oct 27 2022 Published at Coinscreed under tags  bis cbdc news

In just a few days, the Bank for International Settlements ( BIS ) has released its third publication describing how commercial banks in four jurisdictions transferred money using CBDCs. BIS delivers a complete report on the mBridge wholesale CBDC platform, the entire details of the mBridge pilot project of the Bank for International Settlements (BIS) […] The post...

Oct 25 2022

BIS, UN, Hong Kong Monetary Authority conclude Project Genesis 2.0

Oct 25 2022 Published at Coinscreed under tags  bis news

Project Genesis 2.0 which was the joint effort of the BIS, UN and Hong Kong Monetary Authority has been concluded, with it producing two tokenized green bond prototypes. The results of the "Genesis 2.0" program were presented by the Bank for International Settlements (BIS), the Hong Kong Monetary Authority, and the United Nations Climate Change […] The post...

Sep 30 2022

BIS Sets Up To Explore CBDC With The Central Banks Of Sweden, Israel And Norway

One of the most notable features of cryptocurrency is its ability to enable instant cross-border payments, which has attracted a widening number of territories so far. Around 105 countries have tapped the technology, with some currently in the final stages of launching their Central Bank Digital Currency (CBDCs), like China. Others, like Sweden and Israel, are testing the prototypes. As per an...

Jul 13 2022

IOSCO and BIS Call for ‘Same Risk, Same Regulation’ for Stablecoins

IOSCO, a global body for securities regulators, and a committee at the Bank for International Settlements (BIS) published guidance on Wednesday, stating when existing payments regulations should apply to stablecoins. The guidance makes a major step toward applying “same risk, same regulation” on stablecoins, which are used for payments. “Recent developments in the cryptoasset market have again brought urgency for authorities to address...

Jun 24 2022

What Does The Financial Action Task Force Have In Store For Bitcoin?

The FATF released meeting notes hinting at an upcoming report on recommendations for business compliance with the Travel Rule and “unhosted wallets.”The below is a direct excerpt of Marty's Bent Issue #1229: “A new FATF report drops at the end of the month.”...

Jun 21 2022

BIS Releases Report Criticizing Crypto

Jun 21 2022 Published at Crypto Briefing under tags  bis cbdcs news

A new BIS report has criticized crypto for its structural flaws, arguing that a lack of stable nominal anchor, scalability issues, fragmentation, and unregulated intermediaries all pose risks to the...

BIS: 90% of Central Banks are looking to adopt CBDCs

Jun 21 2022 Published at Coinscreed under tags  bis cbdcs news secure payment systems

The BIS economic analysis shows that 90% of central banks are looking into the possibility of adopting central bank digital currencies, or CBDCs as secure payment systems. According to a new annual economic analysis published by the Bank of International Settlements (BIS), over 90% of central banks around the world are looking into the possibility […] The post...

Jun 17 2022

Regulators Need To Establish Whether MEV Is Illegal: BIS Report

Jun 17 2022 Published at Crypto Briefing under tags  bis mev news

The Bank for International Settlements has suggested that new regulatory approaches may be needed to address market manipulation by blockchain miners and validators. BIS Likens MEV to Illegal Market Manipulation...

Bank For International Settlements Explains MEV & Ethereum Market Manipulation

The “miner extractable value” or MEV and its effects are one of the industry’s open secrets. And the Bank for International Settlements recently put out a document titled “Miners as intermediaries: extractable value and market manipulation in crypto and DeFi” to explain the phenomenon...

Bank For International Settlements Explains MEV & Ethereum Market Manipulation

The “miner extractable value” or MEV and its effects are one of the industry’s open secrets. And the Bank for International Settlements recently put out a document titled “Miners as intermediaries: extractable value and market manipulation in crypto and DeFi” to explain the phenomenon...

May 11 2022

Israeli central bank yet to make decision on pursuing CBDC despite public support

The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting the notion, Reuters reported. Bank of...

Jan 25 2022

Jan 18 2022

Dec 09 2021

French, Swiss Central Banks Conclude Major CBDC Payments Test

The Bank for International Settlements (BIS), the Bank of France (BoF) and the Swiss National Bank (SNB) have concluded the combined study testing the wholesale use of central bank digital currency...

Dec 06 2021

Oct 06 2021

Sep 05 2021

Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC

CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. However, more than 80% of central banks are looking at digital currencies. The Reserve Bank of Australia...

Jul 12 2021

World Bank, IMF Advocate For CBDC Adoption At G20

Jul 12 2021 Published at Bitcoinist.com under tags  bis cbdc imf world bank

On Friday, the International Monetary Fund (IMF) and the World Bank argued for the cross-border benefits of central bank-issued digital currencies (CBDC), claiming that projects like the United States' digital dollar would aid global development. World Bank And IMF Support CBDC Together with the Bank for International Settlements (BIS), the two global organisations...

Jul 09 2021

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