Bank For International Settlements

The Bank of International Settlements (BIS) has outlined three rules, that could prompt global financial regulators who are drafting crypto laws around the world. Banning some crypto activities, isolating crypto from TradeFi, and keeping crypto laws similar to the ones that govern TradeFi are the three suggestions listed by the BIS.

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and remittance payments with central bank digital currencies, Sweden's Riksbank said on Wednesday.

Stablecoins will have to comply with regulations and safeguards put into place for traditional forms of payment, according to global regulators. While stablecoins are designed to have a stable value compared to Bitcoin and other traditional cryptocurrencies that are considered volatile, the new controls that apply to large stablecoins were adopted ...

The Reserve Bank of India unveiled a rupee settlement system for international trade, according to a notification on Monday.

China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme

Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.

According to the data from a survey by the Bank for International Settlements (BIS) nine out of ten central banks around the world are exploring central bank digital currencies (CBDCs). The survey also found that more central banks are developing or testing retail CBDCs or digital currencies designed for consumer use than wholesale CBDCs designed f...

World's main central bank umbrella group, the BIS, has demanded for individuals and firms to be given more control over the data harvested on them by social media, Big Tech firms and banks. In a pa[er published on Thursday, the BIS mentioned while most countries already have some laws around data use, most individuals are still were not aware of wh...

Regulations on the crypto sector in India have been postponed for now, as the government has decided to see how the other nations are planning on doing the same. The crypto bill seeking operational prohibitions on private cryptocurrencies did not reach the parliament in this winter session.

The feature can be accessed from Paytm merchant dashboard or Paytm for business app; the minimum amount that can be transferred is Rs 50, and the maximum amount is Rs 2 lakh in a single transfer request.

Indian deposits in Swiss banks fell by 34.5 per cent in 2017 and by 80 per cent since the Narendra Modi government came to power in 2014, Finance Minister Piyush Goyal said on Tuesday, citing data from the global body of central banks, the Bank for International Settlements (BIS)

Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS) said.

Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for mis-selling mortgage-backed securities, the Frankfurter Allegemeine Zeitung reported.

The Bank of International Settlements (BIS) has outlined three rules, that could prompt global financial regulators who are drafting crypto laws around the world. Banning some crypto activities, isolating crypto from TradeFi, and keeping crypto laws similar to the ones that govern TradeFi are the three suggestions listed by the BIS.

The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

The Swedish, Norwegian and Israeli central banks have launched a project with the Bank for International Settlements to test international retail and remittance payments with central bank digital currencies, Sweden's Riksbank said on Wednesday.

Stablecoins will have to comply with regulations and safeguards put into place for traditional forms of payment, according to global regulators. While stablecoins are designed to have a stable value compared to Bitcoin and other traditional cryptocurrencies that are considered volatile, the new controls that apply to large stablecoins were adopted ...

The Reserve Bank of India unveiled a rupee settlement system for international trade, according to a notification on Monday.

China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme

Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.

According to the data from a survey by the Bank for International Settlements (BIS) nine out of ten central banks around the world are exploring central bank digital currencies (CBDCs). The survey also found that more central banks are developing or testing retail CBDCs or digital currencies designed for consumer use than wholesale CBDCs designed f...

World's main central bank umbrella group, the BIS, has demanded for individuals and firms to be given more control over the data harvested on them by social media, Big Tech firms and banks. In a pa[er published on Thursday, the BIS mentioned while most countries already have some laws around data use, most individuals are still were not aware of wh...

Regulations on the crypto sector in India have been postponed for now, as the government has decided to see how the other nations are planning on doing the same. The crypto bill seeking operational prohibitions on private cryptocurrencies did not reach the parliament in this winter session.

The feature can be accessed from Paytm merchant dashboard or Paytm for business app; the minimum amount that can be transferred is Rs 50, and the maximum amount is Rs 2 lakh in a single transfer request.

Indian deposits in Swiss banks fell by 34.5 per cent in 2017 and by 80 per cent since the Narendra Modi government came to power in 2014, Finance Minister Piyush Goyal said on Tuesday, citing data from the global body of central banks, the Bank for International Settlements (BIS)

Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS) said.

Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for mis-selling mortgage-backed securities, the Frankfurter Allegemeine Zeitung reported.