6 stories tagged #BIS

  1. US Commerce Dept Closes Loophole on Nvidia AI Chip Exports to Chinese Subsidiaries
    tech

    US Commerce Dept Closes Loophole on Nvidia AI Chip Exports to Chinese Subsidiaries

    The US moves to block advanced Nvidia chips from reaching Chinese firms' overseas subsidiaries, closing a potential security gap.

    3d ago 1 min read
  2. BIS Flags Crypto Exchanges as 'Shadow Banks,' Heightening Systemic Risk
    crypto

    BIS Flags Crypto Exchanges as 'Shadow Banks,' Heightening Systemic Risk

    The Bank for International Settlements warns that unregulated crypto exchanges mimic shadow banks, posing systemic risks to financial stability. Traders remain cautious but largely unfazed.

    last mo. 1 min read
  3. BIS: Crypto Exchanges Mimic 'Shadow Banks,' Threatening Stability
    crypto

    BIS: Crypto Exchanges Mimic 'Shadow Banks,' Threatening Stability

    The Bank for International Settlements warns crypto exchanges offering yield products function as unregulated 'shadow banks,' posing significant risks to users and the financial system.

    last mo. 1 min read
  4. BIS Warns Dollar Stablecoins Pose Risk to Banks and Policy
    crypto

    BIS Warns Dollar Stablecoins Pose Risk to Banks and Policy

    The Bank for International Settlements issues a stark warning on the financial stability risks posed by dollar-denominated stablecoins, urging global coordination on regulation.

    last mo. 1 min read
  5. FSB Warns Dollar Stablecoins Pose Acute Risk to Emerging Markets
    finance

    FSB Warns Dollar Stablecoins Pose Acute Risk to Emerging Markets

    The Financial Stability Board identifies US dollar stablecoins as a growing threat to monetary sovereignty and financial stability in emerging economies, citing currency substitution and weakened policy effectiveness.

    2mo ago 1 min read
  6. Lagarde Faces Scrutiny Over BIS Salary Amid ECB Pay Restrictions
    finance

    Lagarde Faces Scrutiny Over BIS Salary Amid ECB Pay Restrictions

    ECB President Christine Lagarde under fire for accepting substantial salary from the Bank for International Settlements, raising questions about transparency and internal policy.

    3mo ago 1 min read