BIS | ForkLog - Part 2

ForkLog 7 06.03.2023

BIS develops model for cross-border CBDC settlements

The BIS has completed the Icebreaker project, aimed at creating a cross-border retail CBDC payment system, according to BIS report.

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ForkLog 8 21.02.2023

BIS estimates losses for the majority of retail Bitcoin investors

From 2015 to 2022, the average retail investor lost about half of the funds invested in Bitcoin, despite the price rising during that period. Analysts at the Bank for International Settlements (BIS) reached these conclusions.

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ForkLog 14 08.02.2023

BIS to develop Pyxtrial platform to monitor stablecoin reserves

The BIS is developing a monitoring system to assess the sufficiency of stablecoin backing. The Pyxtrial project has been among the organisation's priorities for 2023.

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ForkLog 12 18.01.2023

BIS outlines three main options for regulating the crypto industry

Experts at the Bank for International Settlements (BIS) published a bulletin in which they examined the risks associated with cryptocurrencies and proposed regulators three potential courses of action.

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ForkLog 7 11.07.2022

BIS urges international cooperation on CBDC development

The Bank for International Settlements (BIS) urged countries to cooperate at early stages of developing national digital currencies (CBDCs). This is necessary to facilitate cross-border operation of the system, the document states.

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ForkLog 11 27.06.2022

BIS says CBDCs will be the foundation of future monetary systems

CBDCs will be the foundation of future innovative monetary systems, not cryptocurrencies with their systemic shortcomings. BIS analysts reached this conclusion in the Annual Economic Report.

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ForkLog 6 20.06.2022

BIS to build platform to assess the fallout from stablecoin collapses and DeFi projects

The BIS Innovation Hub will develop a platform to better assess the economic potential of stablecoins and crypto-lending platforms, as well as the risks to financial stability.

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ForkLog 9 06.05.2022

BIS reports strong central-bank interest in CBDCs

Nine in ten central banks worldwide are studying CBDCs, with regulators favouring projects aimed at retail use cases, according to a BIS study.

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ForkLog 12 15.04.2022

BIS identifies drivers of CBDC appeal for central banks

Improving the efficiency of payment systems is the main motivation for central banks of developing countries considering CBDC adoption. This finding comes from the BIS study.

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ForkLog 11 22.03.2022

Four central banks complete pilot of CBDC use in cross-border settlements

The BIS Innovation Hub, together with the central banks of Australia, Malaysia, Singapore and South Africa, designed two prototypes of a platform for cross-border payments using multiple CBDCs.

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ForkLog 8 18.01.2022

BIS chief says central banks are the best source of trust in money in the digital age

Central banks, as institutions, are best placed to ensure trust in money in the digital age, BIS General Manager Agustín Carstens said, according to CoinDesk.

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ForkLog 7 06.12.2021

BIS says the decentralisation of DeFi protocols is an illusion

In decentralized finance (DeFi) there is a centralisation problem that policymakers can use to regulate the sector. This finding appears in BIS's new quarterly report.

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