Tag "BIS"
BIS: Stablecoins Offer Promise, but Need Consistent Regulation
The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions. Authored by Juan Carlos Crisanto, Johannes Ehrentraud, and Denise Garcia Ocampo, this
Read MoreBIS and 7 Central Banks Launch Project Agorá for Tokenised Cross-Border Payments
The Bank for International Settlements (BIS), in concert with seven prominent central banks, has embarked on an exploratory project known as Project Agorá aiming to modernise international monetary transactions. This initiative, named after the Greek word for marketplace, aims to
Read MoreCBDCs, Green Finance Among BIS Innovation Hub Projects Announced for 2024
The Bank for International Settlements (BIS) has recently announced a new series of projects for its 2024 Innovation Hub programme. This initiative includes various projects, each focusing on financial technology and security aspects. Green Finance In 2024, the BIS Innovation Hub, Singapore
Read MoreMaha El Dimachki to Lead Singapore Center of BIS Innovation Hub
Maha El Dimachki has been appointed as the new head of the Singapore Center at the Bank for International Settlements (BIS) Innovation Hub, effective 1 October 2023 onwards. She will be taking over from Andrew McCormack who no longer works
Read MoreMAS Proposes Digital Asset Framework, Expands Project Guardian Scope
The Monetary Authority of Singapore (MAS) has published a report proposing a framework for designing open, interoperable networks for digital assets. The report Enabling Open & Interoperable Networks was jointly developed with the Bank for International Settlements’ (BIS) Committee on
Read MorePartior Among the Winners of G20 TechSprint Challenge by BIS and Bank Indonesia
The Bank for International Settlements (BIS) and Bank Indonesia has announced the winners of the G20 TechSprint 2022 challenge during a live award ceremony in Jakarta. The G20 TechSprint 2022 focused on solving technology challenges related to wholesale and retail central
Read MoreBIS Innovation Hub and MAS Developed a Supervisory Analytics Platform
The BIS Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) have jointly developed a new supervisory analytics platform known as Project Ellipse. The platform successfully demonstrates how regulatory and other data, such as articles and news, can
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