The Bank for International Settlements said bitcoin is higher-risk than stablecoins due to its volatility, so tougher capital-aside is needed.
A group of central banks will study use cases for digital currencies and whether they should issue their own in their home jurisdictions, the Bank of England said in a Tuesday release. The central banks of Britain, Japan, the European Union, Sweden, and Switzerland will work alongside the Bank of […]
September’s repo rate spike was driven by big banks and hedge funds, the Bank of International Settlements wrote in a report released Sunday. The overnight lending market relies on four major US banks and their cash reserves, but as the institutions sink more capital into Treasury bills, a smaller proportion […]
The Bank of International Settlements on Sunday said bitcoin is “a poor substitute for the solid institutional backing of money.” Critics in the crypto world say the report missing the point – bitcoin and other cryptocurrencies are still in development and shouldn’t be judged yet. Circle CEO calls the report […]
Bank for International Settlements warns of possible “long-run turbulence” in the global economy. The “central bankers’ central bank” argues that investors are ignoring inflated asset prices because of the strong global economic picture right now. The warnings echo those of the Bank of England, and star fund manager Neil Woodford. […]
LONDON -- Global central banks must think...
The pound's "flash crash" in October -- ...
Agustín Carstens, the governor of the...
