Tag: bis

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...

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...

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...

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...

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...

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.”...

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...

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...

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...

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...

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...

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...

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...

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...

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...