BIS

Benoit Coeure ECB
Central Banks to Question Facebook-Led Libra Over Financial Risks
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
Benoit Coeure ECB

carsten
BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think'
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
carsten

BIS headquarters in Basil, Switzerland.
BIS Wants 'Level Playing Field' for Banks Amid Threat from Facebook
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
BIS headquarters in Basil, Switzerland.

Agustín Carstens
Central Banks See 'No Value' in Issuing Digital Currency: BIS Chief
BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."
Agustín Carstens

BIS
Cryptocurrencies Pose Risks to Banks, Warns Basel Committee
The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.
BIS

BIS headquarters in Basel
Bitcoin's Proof-of-Work Algorithm Needs Replacing, Argues BIS Study
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank for International Settlements study.
BIS headquarters in Basel

little men analyzing data
Regulation News Still Moves Bitcoin Prices, BIS Report Says
A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation.
little men analyzing data

Agustín Carstens (Shutterstock)
Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery
The head of the Bank for International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.
Agustín Carstens (Shutterstock)

Agustín Carstens
BIS Chief to Crypto Coders: 'Stop Trying to Create Money'
Agustín Carstens, general manager of the Bank for International Settlements, made strong comments again on cryptocurrency.
Agustín Carstens

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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
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