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Cryptorank

Category Bank for International Settlements

Circle Drops 15%, Stock Frenzy Cools as BIS Warns of Stablecoin Risks

Circle Drops 15%, Stock Frenzy Cools as BIS Warns of Stablecoin Risks

The decline coincided with a BIS report casting doubts about stablecoins' future role in global finance.
Bank for International Settlements Says Real-World Assets To Drive Link Between Crypto and TradFi

Bank for International Settlements Says Real-World Assets To Drive Link Between Crypto and TradFi

The Bank for International Settlements (BIS) says that the tokenization of real-world assets (RWAs) on blockchains will develop stronger links betw...
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according t...
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on B...
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations t...