BIS Financial News

06.10 / 05:01

crypto regulation BIS New BIS Plan Mandates Banks to Disclose Crypto Holdings

The Basel Committee on Banking Supervision has unveiled a new plan that will require banks to disclose their cryptocurrency holdings.

05.10 / 21:31

CBDC BIS wholesale South Korea's Central Bank to Test Wholesale CBDCs in New Partnership – Here's What You Need to Know

South Korea's central bank, the Bank of Korea (BoK), is set to embark on a wholesale central bank digital currency (CBDC) test in collaboration with the Bank for International Settlements (BIS) and other key institutions, the BOK announced on Wednesday.

04.10 / 17:11

Blockchain BIS track International Project Atlas: Bank for International Settlements Tackles Crypto Tracking with EU Central Banks – Here's the Latest

The Bank for International Settlements (BIS) and four European central banks have rolled out a Proof-of-Concept (PoC) system to track the global flow of cryptocurrency assets.

04.10 / 12:41

Government Blockchain regulation Europe European Union BIS Bitcoin BIS, EU central banks building data platform to track crypto, DeFi flows

The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.

04.10 / 10:11

CBDC Adoption BIS Bank of Korea to start CBDC infrastructure pilot

South Korea joins a growing number of nations researching central bank digital currencies (CBDCs). The Bank of Korea (BOK) will launch the pilot project, exploring the technical infrastructure for a digital currency.

04.10 / 10:11

CBDC Adoption IMF BIS CBDC lays foundation for new global monetary system: French central bank

Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new international monetary system.

28.09 / 09:11

CBDC Adoption BIS Cross-border France, Singapore and Switzerland test cross-border CBDCs

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Banque de France issued the report on Sept. 28.

28.09 / 08:09

CBDC defi BIS Cross-border BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).

27.09 / 16:01

Blockchain CBDC Adoption regulation Central Bank BIS CBDC frameworks must guard user privacy, monetary freedom — BIS chief

Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements.

25.09 / 20:33

CBDC Adoption BIS mBridge CBDC project preparing for new members, launch of minimum viable product

Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.

19.09 / 12:23

regulation BIS German crypto regulator calls for global rules to also govern niche finance centers

While the European Union has made significant progress toward regulating crypto by approving its comprehensive framework, Markets in Crypto Assets (MiCA), the need for global regulation still remains, according to one of the top executives of the German Federal Financial Supervisory Authority (BaFin).

13.09 / 10:09

CBDC BIS CBDC Collaboration Between Hong Kong and Israel Prioritizes Data Privacy and Security

A collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong and Israel has demonstrated that central bank digital currencies (CBDCs) can settle on centralized ledgers without compromising privacy.

12.09 / 21:59

CBDC Adoption Central Bank BIS retail CBDC Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

The Bank for International Settlements and the central banks of Hong Kong and Israel released the results of Project Sela on Sept. 12. The project was a public-private partnership that used private intermediaries to create a retail central bank digital currency (rCBDC) combining the desirable characteristics of cash and the advantages of digitalization.

08.09 / 19:31

Blockchain Adoption Binance defi CFTC regulation BIS BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

22.08 / 14:35

regulation Central Bank BIS Bitcoin Financial Crypto amplified financial risks in emerging markets: BIS papers

Cryptocurrencies like Bitcoin (BTC) have failed to reduce but rather have “amplified financial risks” in less developed economies, according to a new study published by the The Bank for International Settlements (BIS).

11.08 / 13:53

Ripple SEC BIS Cross-border Ripple and BIS Partner for Cross-Border Payments Interoperability Task Force

Ripple has partnered with the Bank for International Settlements (BIS) to join its cross-border payments interoperability and extension (PIE) task force.

12.07 / 13:57

Digital G20 BIS Bitcoin International Bank for International Settlements Rejects Crypto as Money in Report to G20

A new report from the Bank for International Settlements (BIS) has pointed to “inherent structural flaws” in crypto as the reason why it will never become money.

11.07 / 22:19

CBDC Adoption G20 BIS reports BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers

In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital currencies (CBDCs) — on July 11. The reports reached very different conclusions about the related technologies.

10.07 / 13:39

CBDC Central Bank retail BIS International Bank of International Settlements Report: 15 Retail CBDCs Will Be Launched By 2030

The Bank of International Settlement (BIS) has said that there could be up to 15 retail Central Bank Digital Currencies (CBDCs) and eight wholesale CBDCs before the end of the decade.

10.07 / 12:13

CBDC Adoption regulation BIS There could be 24 CBDCs live by 2030: BIS survey

As 93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital money among them fades. There could be up to 15 retail and 9 wholesale CBDCs in circulation by 2030.

07.07 / 21:19

business Blockchain CBDC BIS Framework BIS develops framework against CBDC cyberattacks

On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework for defending central bank digital currencies (CBDCs) against cybersecurity threats. The BIS wrote:

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