BIS Project Agorá settles $1 million in tokenized cross-border payment trials
Twentyeight financial institutions and central banks completed realvalue settlements across six currencies using tokenized central bank reserves and commercial…
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source:CoinDesk
BIS warns stablecoins could weaken capital controls in emerging markets
Researchers found dollarbacked stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary…
The central bank of central banks warns AI frenzy could trigger stock-market slump and jeopardize economy
Rich stock market valuations, investor complacency, circular financing, and the potential knockon effects in credit markets are a clear warning in the BIS…
BIS warns stablecoins are more like ETFs than actual money, and they're creating FX risk
BIS's latest annual report dives into stablecoins and AI trends. Source:CoinDesk
Excessive AI spending risks global financial consequences, BIS warns
The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied on enormous debt and highly leveraged nonbank structures that can…
BIS warns stablecoins risk fragmenting global financial system
The Baselbased institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on…