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“Cryptoassets have so far not reduced but rather amplified the financial risks in less developed economies,” the study, published by the Basel-based Bank for International Settlements...
The Bank for International Settlement (BIS) and its partners, the central banks of Israel, Norway and Sweden have completed their joint experiment on cross-border retail central...
The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control...
Over $450 billion vanished from the crypto market following the collapse of Terra’s coins in May 2022 and another $200 billion was lost following FTX’s bankruptcy...
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican...
The Group of Central Bank Governors and Head of Supervision (GHOS) of the Bank for International Settlements (BIS) has endorsed a global prudential standard for banks’...
The Bank for International Settlements (BIS) Innovation Hub announced the launch of a new set of projects targeting various aspects of traditional and crypto payments —...
The central bank of Israel has yet to decide whether to create a digital version of its fiat currency shekel, despite the public supporting the notion,...
The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title —...