2018-6-18 14:10 |
The Bank of International Settlements says crypto can’t function as money, given it lacks “scalability, stability of value and trust in the finality of payments”
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Ripple was recently announced as an official partner of the “cross-border payments interoperability & extension taskforce,” a subgroup within the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures.
2023-8-21 10:00 | |
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The Russian Ministry of Finance submitted a new draft of a bill that calls for using crypto for international settlements payments. The post Russian Finance Ministry Calls On Crypto for International Settlements appeared first on BeInCrypto.
2022-5-29 01:15 | |
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The Bank for International Settlements (BIS) is cooperating with several countries to test the use of central bank digital currencies (CBDCs) for international settlements. The post BIS Tests CBDCs for International Settlements Between Several Countries appeared first on BeInCrypto.
2021-9-2 15:30 | |
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Bank of International Settlements (BIS) warns virtual currency networks against overloading. The umbrella organisation for global central banks notes that blockchain technology networks will find it a challenge to bear the congestion as they become bigger.
2018-6-18 14:15 | |
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The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.
2018-6-18 14:00 | |
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This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective.
2018-6-18 13:30 | |
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In their latest Annual Economic Report, The Bank for International Settlements (BIS) has spoken out against cryptocurrencies, arguing that, ‘...beyond the hype, it is hard to identify a specific economic problem which they currently solve&rs
2018-6-18 13:25 | |
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The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
2018-6-18 10:00 | |
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The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International banking and financial market developments” for June 2018.
2018-6-17 23:20 | |
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The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.
2018-6-16 23:00 | |
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The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.