News with the tag "BIS report"

The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without fiscal consolidation, debt trajectories will remain...

The Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network congestion and high fees. BIS Report: ‘Crypto Has So Fa...

According to a survey by the Bank for International Settlements (BIS), 93% of central banks are researching central bank digital currencies (CBDCs). As per the report, by 2030, there could be as many as 15 retail and 9 wholesale CBDCs in circulation. The survey of 86 central banks, published on July...