JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan …
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational …
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border …
Benoit Coeure, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s historic move to make …
El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec Read More »
The financial situation for Banks that have their eye on crypto may have just taken a sharp turn, as the Swiss financial committee says banks …
Agustín Carstens, general manager of the Bank for International Settlements, has called for even more crypto regulations stating that virtual currencies are a tool for …
Bank of International Settlements head says cryptos require more regulation Read More »
With central bank digital currencies — or CBDCs — on the agenda in many countries, the general manager of the Bank for International Settlements has …
Central banks must play ‘pivotal role’ in digital money, says BIS exec Read More »
The chief banker at the bank for central banks, Agustín Carstens, cast doubts on bitcoin’s long-term viability Wednesday, saying it was only a matter of …
BIS Chief Blasts Bitcoin’s Viability, Prompting Blowback From Advocates – CoinDesk Read More »
The monetary revolution will be digitized… but, for the vast majority of earthlings, probably not anytime soon, according to central bank digital currency (CBDC) research …
BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away – CoinDesk Read More »
Central bank digital currencies, or CBDCs, are entering the “advanced stages” of engagement as nations around the world look to capitalize on blockchain technology, according …
