The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transact...
BIS wraps exploration project on retail CBDC payment system
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas.
Crypto distribution is uneven among banks as prudential exposure rises: BIS report
Speaking in Singapore, Agustín Carstens described a ledger that would accommodate a variety of public and private projects in discrete but connectable parts.
BIS head describes ideal ‘unified ledger’ for central banks and other financial users
BIS general manager Agustín Carstens reckons the war between fiat and crypto has been won by fiat. The community disagrees.
BIS head claims fiat won battle with crypto, Bitcoin 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 retai...
Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July.
Many stablecoins fall short of coming regulatory recommendations, says FSB chair
Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.
BIS-funded regulator to probe DeFi entry points like stablecoins