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3232BIS Report Warns of Rising Public Debt Risks to Global Economies
https://www.digit.info/bis-report-warns-of-rising-public-debt-risks-to-global-economies/
Tue, 02 Jul 2024 05:34:14 +0000https://www.digit.info/2024/07/02/bis-report-warns-of-rising-public-debt-risks-to-global-economies/Read more]]>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 […]
]]>Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
https://www.digit.info/most-retail-crypto-investors-lost-money-over-the-last-7-years-according-to-bis-analysis/
Tue, 21 Feb 2023 19:30:57 +0000https://www.digit.info/2023/02/21/most-retail-crypto-investors-lost-money-over-the-last-7-years-according-to-bis-analysis/Read more]]>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 […]
]]>‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
https://www.digit.info/faster-and-cheaper-cross-border-transfers-banking-report-led-by-bis-highlights-the-benefits-of-cryptocurrency/
Thu, 30 Sep 2021 04:30:12 +0000https://www.digit.info/2021/09/30/faster-and-cheaper-cross-border-transfers-banking-report-led-by-bis-highlights-the-benefits-of-cryptocurrency/Read more]]>According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very little processing fees. Inexpensive Transfers & Speed: Bank […]