Bank for International Settlement — BIS News

BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
24 June 2019, 08:08
Bank for International Settlements released a report on how the entrance of big tech companies such as Facebook, Google, Amazon, and Alibaba could potentially hurt banks and cause global financial instability.
Agustin Carstens Says CBDC like ‘Patient for Major Surgery’
Agustin Carstens Says CBDC like ‘Patient for Major Surgery’
25 March 2019, 17:00
Agustin Carstens speech about CBDCs. Central Banks dealing with CBDCs could be the same as ‘opening up a patient for major surgery.’ "We need to understand the full consequences of what we're doing," he said.
Indian Committee Fear Crypto May Overtake Fiat
Indian Committee Fear Crypto May Overtake Fiat
04 February 2019, 22:17
One of the reasons why India is yet to roll out a regulatory framework for the cryptocurrency industry is that a committee set up in 2017 to review the matter fears that if the country stops its negative stance toward cryptocurrencies, then interest in the new currency could destabilize the Indian fiat currency, Rupees.
BIS Propose Solution After Last The Bitcoin is Mined
22 January 2019, 21:29
What happens after the last bitcoin is mined after 2140? The Bank for International Settlement (BIS) has proposed a new approach that will mean a move away from the Proof-of-work concept currently used on the Bitcoin Network