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‘Crypto is not communism’ — Exec slams BIS’ take on crypto
20.4.2025
The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm.“Many of their recommendations...
‘Crypto is not communism’ — Exec slams BIS’ take on crypto
20.4.2025
The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm.“Many of their recommendations...
Russia Begins Piloting Digital Gold System for International Settlements
7.3.2025
The program, currently in its pilot stages, is part of a test to examine the feasibility of using gold assets for finalizing international exchanges involving Russia. Capital Lab partner Evgeny Shatov stated that digital gold assets can help the nation bypass sanctions and reduce its dependence...
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas, and Peru have CBDC programs in various stages of development
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
BIS consultative group proposes retail CBDC architecture
19.12.2024
According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development
BIS study questions decentralization in DeFi liquidity provision
20.11.2024
BIS researchers concluded that liquidity provision is not decentralized apart from its technical implementation.
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
11.9.2024
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been...
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
29.8.2024
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said
Latam Insights Encore: El Salvador’s Proposal Opens the Door for Crypto-Based International Settlements
6.8.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the recent proposal from El Salvador to settle their trade transactions with Russia using crypto, and how this might encourage...
Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina
4.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina registers its first bitcoin-funded company, and...
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
19.7.2024
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited...
Private firms to join global central bank CBDC project
5.6.2024
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform's potential
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
4.6.2024
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
29.5.2024
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."
ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
8.5.2024
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core...
Philosopher Yuval Noah Harari warns of AI’s risks in finance
7.5.2024
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system