Bank for International Settlements


Policy

Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says

Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky

Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)

Opinion

Has Tokenization’s Moment Finally Come?

Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms.

(imaginima/GettyImages)

Videos

BIS Report Highlights How Retail Investors Fared After FTX's Collapse

While most crypto app users worldwide lost money on their bitcoin holdings after last year's collapses of the Terra ecosystem and the FTX exchange, investors outside of major economies took the biggest hit, the Bank for International Settlements said in a report published on Monday. "The Hash" panel discusses the key takeaways and what it suggests about the impact of the recent crypto contagion.

Recent Videos

Videos

DeFi Can Worsen Volatility Without Even Avoiding Middlemen: BIS

Decentralized finance (DeFi) could lead to bumpier financial markets and may not even fix problems of large intermediaries dominating, two papers published Friday by the Bank for International Settlements (BIS) said. "The Hash" panel discusses what this means for the future of open finance.

Recent Videos

Policy

DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say

The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.

Casa central del Banco de Pagos Internacionales en Basilea, Suiza. (Trabantos/Getty Images)

Videos

BIS Report Finds CBDCs Useful in Foreign Exchange Transactions

The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.

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Videos

Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says

The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 million in foreign-exchange transactions. Josh Lipsky, Senior Director at Atlantic Council GeoEconomics Center, discuses CBDC progress in China and around the globe.

Recent Videos

Videos

BIS Warns Over Crypto Flaws; Crypto Bailout Battles

Bank for International Settlements says crypto unsuitable as money. Morgan Creek said to try countering FTX’s BlockFi bailout. Goldman Sachs reportedly trying to buy distressed assets from Celsius. Metaverse features expected in HTC’s new phone. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

BIS Study: Regulate Ledgers, Not Individual Crypto Providers

According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requires regulators to stop looking at individual nodes and start looking at the distributed system as a whole. "The Hash" team discusses the regulatory perspective of DLT-based enhancement of cross-border payments.

Recent Videos

Videos

Survey: 9 Out of 10 Central Banks are Exploring CBDCs

According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC), with more than half of them currently developing the asset or running concrete experiments.

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