BIS


Policy

9 Out of 10 Central Banks Exploring Digital Currency, BIS Says

A survey conducted in 2021 by the Bank for International Settlements found more than half of central banks are developing CBDCs or running concrete experiments.

Banco de Pagos Internacionales. (Harold Cunningham/Getty)

Policy

Banks May Face Competition From CBDCs, Study Suggests

The survey also shows central banks are uncertain whether distributed ledger technology should underpin a government-backed digital currency.

A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)

Policy

UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi

The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Policy

Crypto Remains a Threat: ECB Chief Christine Lagarde

Crypto service providers are accomplices to circumventing Russia sanctions, Lagarde said during an appearance at the Bank for International Settlements’ Innovation Summit on Tuesday.

ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)

Policy

Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa

The four central banks are working on a project that will develop and test shared platforms for international settlements with multiple CBDCs.

(Getty Images)

Videos

BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol

BIS unveils plans for Hong Kong and Singapore in 2022. Korean police work with Interpol on bitcoin phishing case. OpenSea NFT marketplace hacked for 332 ETH. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

BIS Innovation Hub to Focus on CBDC, DeFi Experimentation This Year

CBDCs and payments account for 13 of the 17 active and scheduled projects.

The headquarters of the Bank for International Settlements (BIS) in Basel (Gianluca Colla/Getty Images).

Policy

BIS Chief: Central Banks Are Best Sources of Trust in Money in a Digital Age

“The soul of money belongs neither to a Big Tech nor to an anonymous ledger," said Agustín Carstens.

Agustin Carstens, general manager at the Bank for International Settlements (Bloomberg via Getty Images)

Finance

BIS, Swiss National Bank, SIX Exchange Complete Wholesale CBDC Trial

Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the test.

(Stefan Wermuth/Bloomberg via Getty Images)

Finance

BIS Names CBDC Expert as Head of Euro Region Innovation Center

Raphael Auer is now an economist in the organization’s innovation and digital economy unit.

Raphael Auer, who becomes the head of the BIS' innovation center for the euro region in February, 2022.