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bank of international settlement – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 06 Dec 2021 16:45:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png bank of international settlement – DIGIT INFO https://www.digit.info 32 32 Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review https://www.digit.info/bank-of-international-settlement-calls-the-rise-of-decentralized-finance-an-illusion-in-latest-quarterly-review/ Mon, 06 Dec 2021 16:45:00 +0000 https://www.digit.info/2021/12/06/bank-of-international-settlement-calls-the-rise-of-decentralized-finance-an-illusion-in-latest-quarterly-review/

Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS.

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]]> BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets https://www.digit.info/bis-asks-central-banks-to-urgently-develop-cbdcs-to-compete-with-crypto-assets/ Sun, 12 Sep 2021 16:30:20 +0000 https://www.digit.info/2021/09/12/bis-asks-central-banks-to-urgently-develop-cbdcs-to-compete-with-crypto-assets/ Read more]]> BIS Asks Central Banks to Urgently Develop CBDCs to Avoid Falling Behind CryptocurrenciesThe head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to be rolled out, while … crypto assets are already here,” he said. BIS Says […]

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