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Any regulation needs to look at what tangible economic benefits the industry actually offers
The BIS leaps onto the CBDC bandwagon as it manifests its ultimate settler destiny.
The BIS wants central banks to lure digital money users from private closed-system challengers with openness. But perhaps a better strategy is to offer guaranteed privacy.
We could be on the cusp of the biggest revolution in the way money is accounted for since the 17th century.
The Bank for International Settlements thinks Europe’s banks missed a trick doling out dividends post-2008. This time around, it seems to have won the argument.
Low interest rates have created perverse market incentives
BIS fears ‘vicious’ circle’ of deleveraging and turmoil