BIS News

The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds.

One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas.

Speaking in Singapore, Agustín Carstens described a ledger that would accommodate a variety of public and private projects in discrete but connectable parts.

BIS general manager Agustín Carstens reckons the war between fiat and crypto has been won by fiat. The community disagrees.

The report suggests that whales with Binance, FTX and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought.

The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July.

Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.

The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.

The latest Bank of International Settlements bulletin looks at ways to mitigate the risks of crypto assets and suggests traditional finance could get its house in better order too.

The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025.

The Bank for International Settlements (BIS) studied the main motives behind Bitcoin adoption by retail investors.

The centralized financial institution says the automated market making technology in DeFi can serve as a “basis for a new generation of financial infrastructure.”

The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDCs.

Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments.

The International Organization of Securities Commissions proposed a set of new measures to address the increasing risks in digital marketing.