Automatic Website Traffic RSS

Central Banks Urged to Study Digital Currency Risks and Rewards

Digital currencies are a revolutionary tool that central banks should consider, but they remain far too risky to be used as legal tender any time soon, according to the Bank for International ... read more

BIS Warns of Overreliance on Central Banks to Boost Economies

The Bank for International Settlements warned that central banks are bearing too much of the burden in fostering economic expansion, and that other policies need to play a greater role in raising ... read more

Stablecoins fall short as sound money, warns central bank ... - MSN

The BIS, often dubbed the central bankers’ central bank, outlined its concerns, including stablecoins’ potential to undermine monetary sovereignty, transparency issues and the risk of capital ... read more

Central Banks in Asia Becoming Wary of Currency Intervention

Some of emerging Asia’s biggest central banks look to be dialing back their interventions in the currency market. read more

Central Banks Can Take Predictability Too Far, BIS Official Warns

A top official at the Bank for International Settlements warned that greater predictability in the actions of central banks can actually be detrimental to financial markets. read more

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." By Yogita Khatri UpdatedSep 13, 2021, 9:00 a.m ... read more

BIS warns on risks to economies, central bank policy over Trump ...

The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public warning about the risks posed by U.S. President Donald Trump's trade war and ... read more

Legal fog over central bank digital currencies "unacceptable", BIS warns

Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the world, the head of the global central bank umbrella body, the Bank for International ... read more

Central banks face key decisions on digital currency, says BIS

Central banks will have to make "fundamental" decisions on cross-border access for a digital version of their currency to serve as a means of payment effectively, a committee at the Bank for ... read more

9 Out of 10 Central Banks Exploring Digital Currency, BIS Says

Nine out of 10 central banks around the world are exploring central bank digital currencies (CBDC), according to the results of a survey conducted by the Bank for International Settlements (BIS). read more

Central bank group BIS warns of green asset bubble risk

The central bank to the world's central banks, the Bank for International Settlements, has warned of the growing risk of a price bubble in environmentally friendly-focused asset markets. read more

BIS Warns on Risks to Economies, Central Bank Policy Over Trump ...

The BIS is a forum for the world's top central banks, helping to manage their foreign exchange reserves and it also hosts the Basel Committee for Banking Supervision. read more