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Nalezeno "bis": 223

Historian Yuval Noah Harari Expresses Skepticism About Bitcoin, Calls It ‘A Currency of Distrust’

13.5.2024
Last week at the BIS Innovation Summit 2024, Israeli historian, philosopher, and bestselling author Yuval Noah Harari shared his views on bitcoin and electronic currency. During his presentation, Harari emphasized his disapproval of bitcoin, stating it is its money “built...

Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan

8.5.2024
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization

BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings

17.4.2024
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would...

Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins

9.4.2024
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said

BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

8.4.2024
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks...

Central Bank Group Starts Tokenization Project to Enhance Monetary System

3.4.2024
The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said

DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study

14.3.2024
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said

BIS Unveils 2024 CBDC Plans, Project ‘Aurum’ Enters New Phase

24.1.2024
Source: BIS The Bank of International Settlements (BIS) has unveiled that its central bank digital currency (CBDC) is entering a new phase this year. Dubbed ‘Aurum,’ the CBDC project will explore “the privacy of payments in retail CBDCs,” BIS noted. The announcement came Tuesday as a part of BIS’s...

Basel Banking Committee Proposes Stricter Guidelines to Classify Stablecoin as Less Risky Than Unbacked Cryptocurrencies

14.12.2023
BIS building in Basel, Switzerland. Source: Adobe/doganmesut The Basel Committee for Banking Supervision (BCBS) wants to tighten rules to classify stablecoins as less risky assets than Bitcoin (BTC) and other unbacked cryptocurrencies. In a recent consultative paper, the international standard...

Central Banks Aren't Sufficiently Ready for CBDC Risks: BIS Report

30.11.2023
The introduction of central bank digital currencies could have major implications on the stability, the report said

BIS advises central banks to plan in advance for CBDC security

29.11.2023
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider

Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals

29.11.2023
Source: AdobeStock / Proxima Studio The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project. A Nov 29 release shows a pathway to achieving privacy standards in CBDC deployment and usage with...

BIS Innovation Hub presents its ‘private CBDC’ project

29.11.2023
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms

Central Bank Project Shows CBDC Payments Can Be Private

29.11.2023
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said

BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System

25.11.2023
Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the current siloed financial system. Carstens stated that only through tokenization can the world move to a more interconnected and programmable...

South Korea to invite 100,000 citizens to test CBDC in 2024

23.11.2023
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users

Top Global Banks Reveal $10.27 Billion in Crypto, XRP Among Top Investment

21.11.2023
Source: Adobe Major global central banks, spanning Europe, North America, and other regions, have revealed a significant investment in crypto, with XRP emerging as a preferred digital asset. According to the Basel Committee on Banking Supervision (BCBS), a global regulatory authority on banks,...