Banks face new risks from permissionless blockchains, BIS warns
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and ...
Tag: BIS
Interest in CBDCs climbs to 94% among central banks – BIS survey
U.S lawmakers want to ban CBDCs, but 94% of central banks are not so sure Stablecoins have been adopted cautiously ...
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
Stablecoins lack essential mechanisms that assure cash market stability in fiat, and an operational mannequin that gave regulatory management to ...
BIS Says ‘Strongly Coordinated’ International Efforts’ Needed To Prevent Stablecoin Regulatory Arbitrage
The Financial institution for Worldwide Settlements says coordinated worldwide efforts are vital for stablecoin regulation. In accordance with a brand ...
BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs
In keeping with the report, in some nations, central banks are directing their consideration towards wholesale CBDCs, that are designed ...
Hong Kong and Israel Partner with BIS to Test CBDCs That Settle on Central Bank Balance Sheet
In keeping with BIS analysis, 93% of central banks the world over are investigating the feasibility of issuing CBDCs. The ...