Crypto, Stablecoins May Pose 'Threat to Financial Stability' if Widely Used: BIS Survey

Two dozen central banks are also expected to launch either wholesale or consumer-facing retail CBDCs by the end of the decade.

• 2023-07-10
• digital currencies Bank for International Settlements CBDCs fiat currency central banks

How much exposure do global banks have to crypto?

The exposure that banks around the world have to crypto is minuscule, according to a new report by the Bank for International Settlements (BIS).

• 2023-03-02
• crypto asset Bank for International Settlements total assets banks crypto products exposure

Banning Crypto 'Should Not Be Taken Off The Table': IMF

The IMF wants to see more regulation of digital assets, but still says there could even be an outright ban on cryptocurrencies.

• 2023-02-27
• Kristalina Georgieva Bank for International Settlements IMF chief financial stability crypto assets Financial Stability Board digital money

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS

Over $450 billion vanished from the crypto market following the collapse of Terra's coins in May 2022 and another $200 billion was lost following FTX's bankruptcy in November 2022, the report said.

• 2023-02-21
• FTX Bank for International Settlements market economies Losing money

If You Bought Bitcoin After 2015, You've Likely Lost Money: BIS

A report from the Bank for International Settlements claims "sophisticated" Bitcoin investors have made money but most retail buyers have lost out.

• 2023-02-21
• sophisticated investors retail investors Bitcoin Bank for International Settlements crypto market