Leading central banks, financial institutions, and blockchain firms contributed to the Global Layer One (GL1) white paper on programmable compliance, which outlines a compliance architecture for tokenized financial assets and regulated digital-asset transactions. Contributors include the IMF, Banque de France, J.P. Morgan’s Kinexys unit, and the Monetary Authority of Singapore. Global Institutions Publish Tokenized Asset […]
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The Bank for International Settlements and its partners are moving Project Agorá into real-value testing. The initiative aims to make cross-border bank payments faster and cheaper while keeping compliance checks inside the existing financial system. Project Agorá Links Central Banks on Unified Payment Ledger The Bank for International Settlements is preparing to test a blockchain-based […]
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The Bank for International Settlements (BIS) published a Financial Stability Institute report in April 2026, warning that the largest crypto platforms now operate as financial intermediaries without the capital buffers, deposit insurance or central bank access that apply to traditional banks. Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto […]
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BIS General Manager Pablo Hernández de Cos called global coordination on stablecoin regulation a matter of “critical importance,” warning that fragmented national frameworks risk enabling regulatory arbitrage and financial instability. Key Takeaways: BIS General Manager Pablo Hernández de Cos warned April 20 that stablecoins’ $320 billion market poses financial stability and AML risks. Tether’s USDT […]
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TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
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The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in […]
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Economic sanctions have a profound effect on international financial architecture, it turns out.
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While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers Ending Mbridge Project, BRICS Countries Could Use It for Circumventing Sanctions The Bank for International Settlements (BIS) is […]
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The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.
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