BIS
BIS to leave China-backed central bank digital currency project
THE Bank for International Settlements (BIS) said on Thursday (Oct 31) it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evo...
BIS and seven central banks to test tokenisation of cross-border payments
THE Bank for International Settlements (BIS) and seven central banks including the Federal Reserve Bank of New York will test using tokenization to increase the speed and integrity of international pa...
Central banks on brink of victory in inflation fight, says BIS
Central banks are on the brink of victory in the fight to bring the global surge in inflation back under control, the Bank for International Settlements said on Monday (Mar 4).
Central banks ‘not out of the woods’ in inflation battle: BIS
Global central bank umbrella body the Bank for International Settlements (BIS) eased its hardline stance on inflation on Monday (Dec 4), noting that recent progress is encouraging but stressing that c...
Central bank test lab develops global bitcoin mapping system
A GLOBAL central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and where the cryptocurrency is used.
Yen’s real effective exchange rate falls to record low
The value of the yen has slumped to the lowest on record, as measured against a broad basket of its peers and adjusted for inflation, according to data from the Bank for International Settlements.
BIS warns world economy at critical juncture in inflation fight
The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday (Jun 25) for more interest rate hikes, warning that the world economy is now at a crucial point a...
Central bank test lab to trial ‘stablecoin’ monitoring system
A GLOBAL central bank test lab run out of London is designing a ‘stablecoin’ monitoring system aimed at giving authorities a clearer picture on how they work and how to regulate them in future.
FX swap debt an US$80t 'blind spot', BIS says
Pension funds and other ‘non-bank’ financial firms have more than US$80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said.
