BIS

BIS chief says stablecoins can’t scale as payments

The head of the Bank for International Settlements delivered one of the sharpest critiques yet of stablecoins on Friday, telling central bankers gathered in Wyoming that the fast-growing crypto instruments cannot credibly serve as a means of payment at scale.

Major banks settle real payments in BIS tokenized money pilot

Some of the world's largest banks have completed real cross-border payments using tokenized money in a live test led by the Bank for International Settlements, marking a concrete step toward blockchain-based settlement infrastructure for global finance.

BIS warns AI boom is clouding central banks’ ability to set rates

The Bank for International Settlements warned Tuesday that the artificial intelligence boom is blurring the economic signals central banks rely on to set interest rates, raising the risk of costly policy mistakes as AI simultaneously drives up both demand and…

BIS finds stablecoins bypass capital controls in 130+ economies

The Bank for International Settlements has found that dollar-backed stablecoins are bypassing capital controls across more than 130 economies, creating what it describes as a new form of "digital dollarization" that poses a direct challenge to monetary sovereignty in emerging…

BIS warns retail investor surge could amplify recession

The Bank for International Settlements has warned that surging retail investor participation in equity markets, combined with highly leveraged hedge funds operating in bond markets, poses heightened risks to global financial stability and could amplify the economic fallout from a…

BIS declares stablecoins structurally unfit as money

The Bank for International Settlements on Sunday released its 2026 Annual Economic Report at its yearly general meeting in Basel, Switzerland, delivering a sweeping critique of stablecoins and declaring them structurally incapable of functioning as genuine money.

BIS warns of rising perils as J.P. Morgan stays bullish

J.P. Morgan JPMorgan Chase & Co. released its mid-year global economic outlook in June 2026, maintaining a constructive view on worldwide growth even as elevated energy prices and persistent inflation cloud the horizon. The report, titled "Promise and Pressure," identifies…

BIS warns AI boom dwarfs past bubbles, urges action

The Bank for International Settlements has sounded an alarm over a convergence of threats to the global economy, warning that surging AI investment, ballooning public debt, and deepening financial fragilities demand urgent action from policymakers worldwide.

BIS warns high debt leaves nations exposed to bond crises

The Bank for International Settlements has warned that elevated government debt levels are leaving countries increasingly vulnerable to sudden bond market turmoil driven by hedge fund fire sales, echoing the 2022 UK gilt crisis that erupted under former Prime Minister…