Finance News – Bank For International Settlements
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BIS report pours cold water on stablecoin hype
The Bank for International Settlements suggests that, despite their popularity, stablecoins lack the qualities of reliable currency and are unlikely to become central components in...
Read Full Article →Bank for International Settlements argues stablecoins fail ‘three key tests’
The Bank for International Settlements highlights concerns about stablecoins’ limitations while emphasizing the important role that tokenizing central bank reserves and traditional...
Read Full Article →Relentless surge in government debt is unsustainable says BIS
The continuous increase in national borrowing poses significant risks to economic stability, prompting experts to urge timely fiscal reforms to maintain confidence in government fi...
Read Full Article →BIS digital currency lead quits early amid leadership changes
The early departure of the BIS Innovation Hub leader may impact ongoing efforts to develop and coordinate central bank digital currencies within the global financial system during...
Read Full Article →Central banks testing smart contract toolkit under BIS Project Pine
Central banks’ exploration of programmable tools in digital asset systems could enhance their ability to implement policy measures swiftly and adapt to market conditions in evolvin...
Read Full Article →Crypto speculation dominates $600B cross-border payments: BIS report
The Bank for International Settlements report reveals that speculative investment largely drives the extensive use of cryptocurrencies in global cross-border transactions, reflecti...
Read Full Article →Bitcoin vs. digital fiat is freedom vs. serfdom
The emergence of central bank digital currencies could enable unprecedented governmental control over financial transactions, impacting individual autonomy and potentially increasi...
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