BIS Project 'Pyxtrial' Developing Tool to Monitor Stablecoin Reserves
The Bank for International Settlements (BIS) plans to sharpen its focus on stablecoins and Central Bank Digital Currencies (CBDCs) in 2023, with the goal of “improving payment systems” and “securing the financial sector,” according to its latest report.
BIS Economists Suggest Improving TradFi With CBDC To Attract Users Away From Crypto
The latest Bank of International Settlements bulletin looks at ways to mitigate the risks of crypto assets and suggests TradFi could get its house in better order too.
Bank of International Settlements Outlines Policy Approaches To Ban, Contain or Regulate Crypto
The Bank of International Settlements (BIS) suggests that authorities can take three different approaches when it comes to crypto following a particularly turbulent year: Regulate, contain or call for a complete ban of the sector.
BIS Report Finds Uneven Progress, Differing Motivations in African CBDC Adoption
Mobile money has been a strong competitor to central bank digital currency (CBDC) in Africa, but many of the continent’s central bankers have greater faith CBDC, according to a Bank for International Settlements (BIS) report <a href="https://www.bis.org/publ/bppdf/bispap128.htm" target="_blank">published</a> Nov. 24. African central bankers also saw greater utility in CBDC for implementing monetary policy than bankers in other parts of the world, according to the BIS.
