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Bank For International Settlements (Bis) Raised Gold Holdings By…

BANK FOR INTERNATIONAL SETTLEMENTS RAISED GOLD HOLDINGS BY 20.451 TONNES TO 223.080 TONNES IN 2023 DEC -IMF DATA
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-February 05, 2024 at 01:57 pm EST
- MarketScreener

International-settlements-bis-raised-gold-holdings , Reuters , Bank-for-international-settlements , Markets ,

Korea to pilot digital currency with 100,000 citizens next year

One hundred thousand Koreans will be able to utilize deposit tokens based on the central bank digital currency (CBDC) next year, within a pilot program jointly operated by the Bank of Korea (BOK) and financial authorities.

South-korea , Seoul , Soult-ukpyolsi , Korea , Agustin-carstens , Rhee-chang-yong , International-settlements , Korea-exchange , Financial-services-commission , Financial-supervisory-service , Governor-rhee-chang-yong , Bank

Central banks' panel suggests safeguards for inflation, geopolitical churns

A high level central banks' panel has suggested that the key financial institutions need to rebalance their policy mix, rebuild policy buffers and develop safe macro-financial stability frameworks (MFSFs) for the future.The Asian Consultative ...

Singapore , Philippines , New-zealand , Malaysia , Thailand , Japan , Vietnam , Republic-of , Indonesia , New-delhi , Delhi , India

China pushes faster on de-dollarisation [Gas in Transition]

China’s push for a different world order that diminishes the US has extended to using its own currency instead of the dollar to pay for oil and gas imports, but the so-called “de-dollarisation” of some Chinese trade will not weaken the global importance of the greenback anytime soon. [Gas in Transition, Volume 3, Issue 9]

China , Beijing , Shanghai , United-states , American , Chinese , Shanghai-petroleum , Cnooc , Pavilion-energy , Natural-gas-exchange , August-singapore

BIS Innovation Hub takes aim at cross-border compliance

Project Mandala will explore ‘compliance by design’ to boost efficiency of cross-border transactions

International-settlement-innovation-hub , Bank-for-international-settlements , Nternational , Ayments , Nti-money-laundering , Egulation , Entral-bank-digital-currency , Intech ,

Bank of Korea takes first step to adopt centralized digital currency

The Bank of Korea (BOK) announced its first move toward adopting a central bank digital currency (CBDC). A CBDC is a new form of digital money issued by a central bank.

South-korea , Japan , Bahamas , The , China , Nigeria , Korea , Cecilia-skingsley , International-settlements , Financial-services-commission , European-union , Financial-supervisory-service

BIS Says Stablecoins Will Buy More Commercial Paper

The Bank For International Settlements (BIS) says stablecoin issuers are another new class of investor and were “material holders of short-term paper in 2021.” The BIS says the stablecoin market held US$ 65 billion in commercial paper at its height “when crypto markets boomed,” but that number has since fallen. Things began to turn for…

International-settlements , Bank-for-international-settlements ,

Hedge funds using algorithms to sell up to US$30-billion of stocks soon: UBS

Bank predicts significant move after moving away from bullish stance

Financial-markets-association , Reuters , International-settlements , Log-increate-free , Securities-industry , Financial-markets , Dollar , Stock , Bank , Time , Fund

BIS and central banks of France Singapore and Switzerland successfully test cross-border wholesale CBDCs

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have successfully concluded Project Mariana.

Switzerland , Singapore , France , Swiss , Swiss-national-bank , International-settlements , Monetary-authority-of-singapore , Opalesque-industry-update , Eurosystem-hub-centres , Monetary-authority , Swiss-national

Hawkish Fed unwittingly stokes Treasuries 'basis trade' risks

Stance on rates may have encouraged hedge funds to pursue a leveraged arbitrage play

Steven-zeng , Christoph-schon , Federal-reserve , Commodity-futures-trading-commission , Deutsche-bank , International-settlements , Income-clearing-corporation , Log-increate-free , Fixed-income-clearing-corporation , Futures-trading-commission , Position , Fed