25Mar/19

Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief

The general manager of the Bank for International Settlements (BIS) has again warned that caution is needed when considering central bank digital currencies. In a speech at the Central Bank of Ireland onRead More…

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24Mar/19

Bitcoin Basher Agustin Carstens Rails Against Central Bank Crypto Projects

Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability. During his speech atRead More…

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14Mar/19

Cryptocurrencies Pose Risks to Banks, Warns Basel Committee

The Basel Committee on Banking Supervision, a group of international banking authorities, has warned that the growth of cryptocurrencies poses a number of risks to banks and global financial stability. The committeeRead More…

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13Mar/19

Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market

The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committeeRead More…

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