Bank for International Settlements


Markets

China's DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.

People’s Bank of China

Markets

6 Central Banks Form Digital Currency Use Case Working Group

The working group will pool research into CBDCs.

Bank for International Settlements. Basel, Switzerland.

Markets

Bitcoin's Proof-of-Work Algorithm Needs Replacing, Argues BIS Study

The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank for International Settlements study.

BIS headquarters in Basel

Markets

Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery

The head of the Bank for International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

Agustín Carstens

Markets

Halt the Internet? BIS Report Critiques Blockchain and DLT Claims

The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.

match

Markets

Bank for International Settlements to Publish New Crypto Research

The Bank for International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.

(Shutterstock)

Markets

Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says

A central bank-issued digital currency could fuel faster bank runs during periods of financial instability, the BIS said Monday.

cracked, bank, glass

Markets

'End of Life Cycle': BIS Report Positions DLT as Needed Banking Update

Distributed ledgers could help update aging central banking systems, says a new report, but issuing cryptocurrencies will be a more complex affair.

BIS headquarters in Basil, Switzerland.

Markets

BIS Report: DLT 'Promising' But 'A Long Way Off'

The Bank for International Settlements (BIS) has released a new report on blockchains and distributed ledgers.

BIS' headquarters building in Basel, Switzerland.

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