Tokenized deposits are more likely than stablecoins to perform the role of money, Bank for International Settlements General Manager Pablo Hernández de Cos said Friday...
Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. “The AI build-out ranks among...
The Bank for International Settlements (BIS) is warning artificial intelligence optimism could be a short-lived phenomenon. In its annual report published Sunday (June 28), BIS...
Today’s stablecoins have structural flaws that could impact macroeconomic and financial stability if the technology is more widely adopted, the Bank for International Settlements (BIS) said in...
The Bank for International Settlements (BIS) and its partners have marked a new milestone in their “Project Agorá.” BIS announced Thursday (May 27) that the project had delivered a...
A global banking regulator is warning of risks stemming from cryptocurrency exchanges offering banking services. Services from “multifunction cryptoasset intermediaries” (MCIs) include things like lending...
Moving money across borders still means navigating a patchwork of correspondent banks, local clearing systems and compliance checks that slow transactions, inflate costs and...
Migrating payment systems to post-quantum cryptography is feasible but requires further testing and preparation, according to a report released Thursday (Dec. 11) by the Bank...
The growing ties between stablecoins and the traditional financial system pose risks to financial integrity and financial stability, the Bank for International Settlements (BIS) said...