BIS Archive

BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs),

Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced

Swiss National Bank Trials CBDC in Transactions With Five Banks
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with

India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks

BIS Exec Says Defi Is a ‘Wake-up Call’ for Regulators, Global Crypto Policy Expected in 2022
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements

Bank for International Settlements States True Decentralized Finance Is an ‘Illusion’
The Bank for International Settlements (BIS), a finance organization comprised of several central banks,

‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
According to a report published by the Bank of International Settlements (BIS) and a

BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has

Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have

IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement

US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has

BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
An economist with the Bank of International Settlements has found that cryptocurrencies are not

BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies

Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a

Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
The central banks of Switzerland and France are joining hands with the Bank for

Fintechs Invited to Work on Georgia’s Central Bank Digital Currency
National Bank of Georgia (NBG) has issued a call for companies in the fintech