Bank for International Settlements Archives

Tag: Bank for International Settlements

Breaking the buck

April 26, 2021 Comments are Disabled

The biggest crises in financial markets happen when an asset previously assumed to be safe turns out not to be. Investors rush to sell it, they find they can’t get […]

China tech magnate slams global banking rules

October 26, 2020 Comments are Disabled

Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]

Keeping money public

October 13, 2020 Comments are Disabled

Governments around the world are preparing to upgrade their national money from the paper to the digital era. Some argue the introduction of central bank digital currencies (CBDC) will mark […]

How India leapfrogged the West in payments

December 18, 2019 0 comments

Ten years ago, Indians relied largely on cheques to move money around the country, a legacy of the colonial era. Now India operates the most advanced digital payments system in […]

BIS boosts digital currency response

November 11, 2019 0 comments

The Bank for International Settlements (BIS) is boosting its response to innovative financial technology such as cryptocurrency by appointing European Central Bank board member Benoît Cœuré as the head of […]

Payments in flux—an exclusive interview with the BIS

May 29, 2019 0 comments

The Bank for International Settlements (BIS) has been described as ‘the world’s most exclusive club’. Its bimonthly policy meetings, held in Basel, Switzerland, bring together the heads of all the […]

JPM Coin adds to pressure on central banks

February 19, 2019 2 comments

Last week US bank JP Morgan Chase announced that it has trialled a new digital payment token called JPM Coin. The token is designed to speed up the settlement of […]