Bank for International Settlements

From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.

China's DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.

6 Central Banks Form Digital Currency Use Case Working Group
The working group will pool research into CBDCs.

Bitcoin's Proof-of-Work Algorithm Needs Replacing, Argues BIS Study
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank for International Settlements study.

Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery
The head of the Bank for International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.

Bank for International Settlements to Publish New Crypto Research
The Bank for International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.

Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says
A central bank-issued digital currency could fuel faster bank runs during periods of financial instability, the BIS said Monday.

'End of Life Cycle': BIS Report Positions DLT as Needed Banking Update
Distributed ledgers could help update aging central banking systems, says a new report, but issuing cryptocurrencies will be a more complex affair.

BIS Report: DLT 'Promising' But 'A Long Way Off'
The Bank for International Settlements (BIS) has released a new report on blockchains and distributed ledgers.

