Hyun Song Shin, the BIS' Economic Adviser, explained that stablecoins lack the traditional settlement function provided by a ...

Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.

BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...

Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...

The Bank for International Settlements (BIS) unveiled a groundbreaking vision for the future of the global monetary and financial system.

A senior official at South Korea’s central bank voiced doubt on June 24 over proposals to introduce a stablecoin backed by ...

The Bank for International Settlements has warned that stablecoins can’t replace real money, lacking central bank backing, ...

New proposals from the Bank for International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs, says our columnist. By Frances Coppola Aug 3, 2022.

The global financial system is bloated with some $65 trillion in hidden dollar debts, a recent report from the Bank for International Settlements warns.

Bank of International Settlements Proposes Three Crypto Rules for Immediate Consideration: All Details. Wednesday January 18, 2023; Written by Radhika Parashar, Edited by David Delima ...