Latest BIS News

BIS digital currency lead quits early amid leadership changes

Cecilia Skingsley will leave her role as head of the BIS Innovation Hub next month, cutting short her five-year term by two years amid a broader leadership reshuffle at the central bank body. The Bank for International Settlements digital currency…

May 23, 2025 at 10:14 AM UTC

BIS mulls ending mBridge pilot touted by Putin as dollar alternative: report

The Bank for International Settlements is mulling ending a cross-border payments platform eyed by the Russian president as a tool to bypass U.S. sanctions. The Bank for International Settlements is reportedly debating the future of its mBridge cross-border payments project…

Oct 29, 2024 at 7:54 AM UTC

BIS and big banks introduce Project Mandala for improved cross-border transactions

The Bank for International Settlements and central banks from Australia, South Korea, Malaysia, and Singapore have introduced Project Mandala, a system that embeds regulatory compliance directly into cross-border financial transactions. This initiative addresses common hurdles in international transactions, such as…

Oct 28, 2024 at 2:52 PM UTC

BIS teams up with Bank of England to monitor stablecoin reserves

The Bank for International Settlements has announced a joint project with the Bank of England aimed at tracking stablecoins’ reserves. The Bank for International Settlements Innovation Hub in collaboration with the Bank of England announced a new joint pilot aimed…

USDT Tether

Aug 1, 2024 at 8:10 AM UTC

BIS launches Project Agorá to explore tokenization in financial systems

The Bank for International Settlements unveiled Project Agorá, an initiative to explore the potential of tokenization to enhance the efficiency of global financial systems.

Apr 3, 2024 at 3:47 PM UTC

BIS issues recommendations for global stablecoin regulation

The Bank for International Settlements has issued a set of recommendations aimed at regulating global stablecoins.

Mar 1, 2024 at 5:22 PM UTC

BIS illustrates how CBDC payments can balance privacy and transparency

A recent report from Project Tourbillon, led by the Bank for International Settlements' Innovation Hub, reveals significant advancements in balancing privacy and transparency in CBDCs.

Nov 29, 2023 at 7:08 PM UTC

BIS researchers believe that stablecoins will not live up to hype

A recent report by the Bank for International Settlements raises concerns about stablecoins' ability to maintain parity with their pegged assets, challenging their stability and reliability as a digital currency.

Nov 8, 2023 at 7:08 PM UTC

Global watchdog: Stablecoin cons outweigh pros for cross-border transactions

The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations.

Oct 31, 2023 at 3:19 PM UTC

BIS and two central banks launch Project Atlas to track crypto transactions

BIS and two central banks have launched Project Atlas to track crypto transactions

Oct 5, 2023 at 9:59 AM UTC

BIS and central banks of France, Singapore, and Switzerland wrap up CBDC project

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have completed Project Mariana

Sep 28, 2023 at 3:17 PM UTC

BIS chief: countries need CBDC legal frameworks

BIS chief has said countries need clear legal frameworks to implement CBDCs

Sep 27, 2023 at 12:53 PM UTC

BIS, Hong Kong, Israeli Central Bank join forces to launch retail CBDC

A collaborative initiative dubbed Project Sela sought to test and develop a central bank digital currency (CBDC) suited for mass retail use.

Sep 12, 2023 at 5:35 PM UTC

Banque de France releases wCBDC experiment findings

Bank de France has unveiled the outcomes of its wholesale central bank digital currency (wCBDC) trial

Jul 23, 2023 at 10:01 AM UTC

BIS report claims crypto is centralized and DeFi amplifies risks

The BIS recently issued a report addressing the crypto sector's technological merits, divergence from decentralization, and potential impact on the global monetary system

Jul 12, 2023 at 7:50 PM UTC

BIS reveals protection plan for CBDCs against cyber threats

The Bank for International Settlements (BIS) has released a plan to protect central bank digital currencies (CBDCs) from cybersecurity threats in the decentralized finance (DeFi) sector

Jul 8, 2023 at 8:18 AM UTC

Top BIS Stories

Latest BIS News