BIS

1 min read

BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring

12 months ago bitnews

The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.Source: CoinTelegraph

1 min read

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims

12 months ago bitnews

Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in...

1 min read

USDT, USDC Face Danger As BIS to Permit Only Permissioned Stablecoins

1 year ago bitnews

All stablecoins issued on the permissionless blockchains such as Tether’s USDT and Circle’s USDC face the danger of major regulatory...

1 min read

BIS says indebted nations may lose market confidence

1 year ago bitnews

The Bank of International Settlements (BIS) cautioned highly indebted countries against acts that could lead to a loss of market...

1 min read

Basel Committee finalizes crypto exposure rules for banks

1 year ago bitnews

The committee is unveiling the standards later in July, culminating a yearslong process.Source: CoinTelegraph

1 min read

BIS Report Warns of Rising Public Debt Risks to Global Economies

1 year ago bitnews

The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by...

1 min read

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

1 year ago bitnews

BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts.Source: CoinDesk

1 min read

Central banks must ‘raise their game’ on AI, BIS warns

1 year ago bitnews

The Bank for International Settlements (BIS) called on central banks to “raise their game” on AI and embrace the benefits...