Bank for International Settlements

Regional Central Bank Alliances May Shape the Digital Dollar’s Future
Regional Central Bank Alliances May Shape the Digital Dollar’s Future
March 22, 2022  |  CBDC

The Bank for International Settlements (BIS) and four central banks have completed trials of two blockchain-based platforms that a multinational central bank digital currency (CBDC)...

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BIS Paper: Asia Virtual Banks Must Protect Consumer Data
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
January 27, 2022  |  Data

A new Bank for International Settlements paper says Asian regulators must protect consumer data as financial institutions dole out more virtual bank cards, noting the...

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EMEA Daily: EU Startups Raise Record $121B; Microsoft’s $16B Nuance Deal Under Review By EU
EMEA Daily: EU Startups Raise Record $121B; Microsoft’s $16B Nuance Deal Under Review By EU
December 07, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, European Union startups raise a record $121 billion; Microsoft’s $16 billion Nuance deal is under...

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Bank for International Settlements Calls DeFi’s Decentralization an Illusion
Bank for International Settlements Calls DeFi’s Decentralization an Illusion
December 07, 2021  |  Blockchain

Decentralized finance’s decentralization is an “illusion” according to a new report from the Bank for International Settlements. The latest BIS quarterly review takes a skeptical...

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BIS: New Rules, Supervision Needed for Bond Funds, DeFi Growth
BIS: New Rules, Supervision Needed for Bond Funds, DeFi Growth
December 07, 2021  |  Bank Regulation

Stricter rules and more oversight are needed to curb the risk of bond funds throwing market stability and the runaway growth of decentralized finance (DeFi),...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
June 14, 2021  |  News

In today’s top news, China is targeting data control in its latest Big Tech regulations, and a hike in identity fraud has delayed many tax...

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Bitcoin Daily: Consumers Can Buy Teslas With Bitcoin; BIS Manager Says Crypto Needs More Regulation
Bitcoin Daily: Consumers Can Buy Teslas With Bitcoin; BIS Manager Says Crypto Needs More Regulation
March 24, 2021  |  Bitcoin

Tesla CEO Elon Musk has announced that it’s now possible to buy Tesla vehicles in the U.S. using bitcoin, CNBC reported. A support page on...

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BIS: 20 Pct Of Population Will Access CBDCs By 2024
BIS: 20 Pct Of Population Will Access CBDCs By 2024
January 27, 2021  |  Payment Methods

According to a study by the Bank for International Settlements (BIS), central bank digital currencies (CBDCs) will be available for 20 percent of the world’s...

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