BIS


Policy

Central Bank Group BIS Names Hernández de Cos as Next General Manager

ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules.

BIS building (BIS)

Policy

As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’

Putin's interest in an alternative international payments system has focused attention on mBridge.

BIS building (BIS)

Policy

Tokenization Could Pose Risks to Financial System, FSB and BIS Warn

The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Policy

More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments

The Bank for International Settlements launched Project Agorá in April and it brings together seven monetary authorities from the U.K., Japan, South Korea, Mexico, Switzerland, New York and Europe.

BIS building (BIS)

Policy

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Risks include operations and security, governance, legal, settlement finality and compliance, the report said.

BIS building (BIS)

Policy

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims

Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.

BIS building (BIS)

Markets

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

The umbrella body for central banks also cautioned against premature easing of monetary policy.

BIS building (BIS)

Policy

More Central Banks Are Exploring a CBDC, BIS Survey Finds

There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

BIS building (BIS)

Policy

Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant

The Saudi Central Bank joins the central banks of China, Thailand, Hong Kong and the United Arab Emirates in the project.

Riyadh, Saudi Arabia. (Ekrem Osmanoglu/Unsplash)

Policy

Israel to Start Digital Shekel Challenge to Develop Payment Use Cases

The Bank of Israel has not decided on issuing a digital shekel, even as it continues its yearslong effort to explore its issuance.

(Eduardo Castro/Pixabay)