BIS News

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.

Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report.

A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.

If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations.

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank digital currencies.

Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money.

A new report released by the triumvirate of global finance argues that central bank digital currencies will benefit worldwide development.

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements.

The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system.

El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements.

The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies such as Bitcoin.

Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance.

An exec at the Bank for International Settlements wants central banks to helm the evolution of digital money.

Many nations are moving to advanced stages of CBDC engagement, according to the Bank for International Settlements.

The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year.