The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study.
A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation.
The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.
Agustín Carstens, general manager of the Bank for International Settlements, made strong comments again on cryptocurrency.
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.
A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.
A central bank-issued digital currency could fuel faster bank runs during periods of financial instability, the BIS said Monday.
A new report on payments from the Bank of International Settlements has outlined three possible use cases for blockchain technology.
An international body of regulators and government officials created in the wake of the 2008 financial panic is expanding its work on blockchain.