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Bank for International Settlements

Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank

Steve Kaaru

9 February, 2023

Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank

“Crypto-assets with no intrinsic value” must be curtailed while also noting that digital assets can reduce cross-border costs, according to...

BIS invites applications for next phase of UK CBDC API project

Business

Steve Kaaru

3 February, 2023

BIS invites applications for next phase of UK CBDC API project

The Bank for International Settlements has been working with the Bank of England on Project Rosalind and wants payment providers...

BIS: DeFi could shape the future of finance, but it’s too complex

Business

Steve Kaaru

27 January, 2023

BIS: DeFi could shape the future of finance, but it’s too complex

In a new working paper, the Bank for International Settlements took a deep dive into the technical side of DeFi,...

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Business

Wahid Pessarlay

26 January, 2023

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...

BIS recommends ban, contain or regulate approach to digital assets

Business

James Field

17 January, 2023

BIS recommends ban, contain or regulate approach to digital assets

In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks...

BIS wants banks digital asset exposure limited to 2% by 2025

Business

Steve Kaaru

23 December, 2022

BIS wants banks digital asset exposure limited to 2% by 2025

The BIS wants central banks to set the standard for commercial banks’ involvement with stablecoins, tokenized assets, and “unbacked digital...

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Wahid Pessarlay

18 Aug 2025

Bank for International Settlements

Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank

BIS invites applications for next phase of UK CBDC API project

BIS: DeFi could shape the future of finance, but it’s too complex

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

BIS recommends ban, contain or regulate approach to digital assets

BIS wants banks digital asset exposure limited to 2% by 2025

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