Cryptocurrency Market

  • Market Cap: $3,261,799,241,172.41
  • 24h Vol: $140,742,761,861.48
  • BTC Dominance: 58.11%

BIS

bis-report-warns-of-rising-public-debt-risks-to-global-economies

BIS Report Warns of Rising Public Debt Risks to Global Economies

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 unsustainable, threatening macroeconomic stability. As interest rates rise, refinancing needs and higher debt […]

BIS Report Warns of Rising Public Debt Risks to Global Economies Read More »

bis-survey:-94%-of-central-banks-exploring-digital-currency

BIS Survey: 94% of Central Banks Exploring Digital Currency

The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality. 94% of Surveyed Central Banks

BIS Survey: 94% of Central Banks Exploring Digital Currency Read More »

cross-border-cbdc-project-mbridge-enters-mvp-stage

Cross Border CBDC Project Mbridge Enters MVP Stage

Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network, that is ready to perform real-value transactions CBDC Project Mbridge

Cross Border CBDC Project Mbridge Enters MVP Stage Read More »

cbdc-debate-heats-up:-bis-project-sparks-controversy-among-critics;-lynette-zang-warns-of-dangers-of-cbdcs

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs Read More »

bis-general-manager-casts-doubt-on-stablecoins,-claiming-tokens-do-not-benefit-from-regulations-or-central-planning

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning

According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.”

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning Read More »

most-retail-crypto-investors-lost-money-over-the-last-7-years,-according-to-bis-analysis

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis Read More »

bis-economists-recommend-3-crypto-policies-for-regulators-worldwide-to-adopt

BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt

Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing monetary system in the public interest,” they advised. BIS Economists

BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt Read More »