Reserved IP Address°C
04-20-2025
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Bank for International Settlements

BIS developing new tool to monitor stablecoin balance sheets
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12 February, 2023

BIS developing new tool to monitor stablecoin balance sheets

Under Project Pyxtrial, the Bank for International Settlements is developing a tool for central banks to monitor stablecoins in a...
Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank
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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
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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
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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
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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
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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...
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