Bıs – Dec LM

Tokenization Could Pose Risks to Financial System, FSB and BIS Warn

The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems.

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

The umbrella body for central banks also cautioned against premature easing of monetary policy.

Central Bank Group Starts Tokenization Project to Enhance Monetary System

The project seeks to build a "usable" solution to integrate tokenized commercial bank deposits with central bank money using smart contracts and programmability, officials at the Bank for International...

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs

The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.

Central Bank Group Unveils Data Project Mapping Crypto Transfers

The new veri source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project.