Browsing: BIS
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’
An international payments project backed by China, the UAE, Thailand and Hong Kong is raising concerns in Washington.
“These risks may materialise in different ways due to the effects of token arrangements on market structure, e.g. due to…
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS’ Basel Committee Says
Banks are also exposed to political uncertainty as a new legislation could “change validator behaviour,” making the “blockchains themselves operationally…
BIS and UK Bank of England Project Successfully Shows Stablecoin Balance Sheets can be Supervised
“Should a mismatch occur between a stablecoin issuer’s liabilities (the coins in circulation) and the assets backing that stablecoin, this…
The committee is unveiling the standards later in July, culminating a yearslong process.
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the…
In addition to mBridge’s six full participants, 27 other official entities – including the International Monetary Fund (IMF), the World…