News Bank for International Settlements Exec Advises Against Central Bank Digital Currencies MAR 23, 2019 by Adrian Zmudzinski Bitcoin critic and general manager at the Bank for International Settlements advised against the issuance of CBDCs.
News Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee MAR 13, 2019 by Helen Partz The Basel Committee on Banking Supervision believes that cryptos are unsafe to rely on as a medium of exchange or store of value.
Follow up BIS Report Questions Longevity, Efficacy of Proof-of-Work Based Cryptocurrencies JAN 27, 2019 by Gareth Jenkinson The Bank of International Settlements has released a contentious report on the future of Bitcoin’s use of the proof-of-work consensus.
News Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work JAN 21, 2019 by Adrian Zmudzinski According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work.
News BIS: 70% of Central Banks Involved in CBDC Research, Only Several Have Concrete Plans JAN 08, 2019 by Marie Huillet A new report from the BIS has found that 70 percent of central banks are conducting research into central bank digital currencies.
News European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis' NOV 15, 2018 by Marie Huillet Executive Board member of the European Central Bank, Benoit Coeure, considers Bitcoin to be the “evil spawn of the [2008] financial crisis.”
News BIS Report Finds Strong Link Between Crypto Prices and Regulators' Actions SEP 25, 2018 by Marie Huillet A new report from the Bank for International Settlements has identified a strong correlation between crypto prices and news of regulators’ interventions.