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2 mins read
Buying gold jewellery this Dhanteras? Here is how you can verify authenticity as per BIS
According to an official statement, BIS emphasizes the importance of choosing hallmarked jewellery,…
2 mins read
Honor 200 Pro gets BIS certification, expected to launch soon in India
The Honor 200 and Honor 200 Pro smartphones are expected to soon launch in India. The device has re…
1 min read
Crypto industry will 'come up with new things' and national digital currencies are moving ahead despite recent turmoil, BIS says
"I would assume that the industry will learn from these failures and they will come up with new thi…
Brian Evans
2 mins read
The decentralization promised by DeFi is an 'illusion' and a threat to global financial stability, BIS warns
"DeFi displays substantial financial vulnerabilities," said BIS in a quarterly report published Mon…
Carla Mozée
2 mins read
Footwear retailers seek 8-10 month extension to implement BIS quality control order
Retailers have urged the government to give them 8-10 months of additional time from the effective …
ANI
2 mins read
G20 to take call on crypto assets, says Nirmala Sitharaman
Amid speculations on regulation or outright banning of crypto assets, Finance Minister Nirmala Sith…
1 min read
Compulsory hallmarking of gold bullion not mandatory from July 1, consultations on
The compulsory hallmarking of gold bullion is not going to become mandatory from July 1 as the Cent…
1 min read
Central bank digital currencies could slash costs for cross-border payments and speed transactions to seconds, BIS says
A prototype of a CBDC platform showed the time for cross-border payments taking as little as 2 seco…
Carla Mozée
2 mins read
Central banks must 'roll up their sleeves' and urgently speed up their work on their own digital currencies before crypto upends the current financial system, the BIS says
The Bank for International Settlements is urging central banks to crank up their efforts in develop…
Camomile Shumba
2 mins read
Australia, Malaysia, Singapore and South Africa will trial cross-border central bank digital payments
Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that f…
Camomile Shumba
2 mins read
The World Bank, IMF and BIS push for central bank cryptocurrencies to improve cross-border payments
CBDCs could shake up today's international payments systems, according to the World Bank, the IMF a…
Camomile Shumba
2 mins read
Bitcoin is speculative, bad for the planet, and often used for crime, the Bank for International Settlements says
The central bank for central banks slammed bitcoin, saying it "has few redeeming public interest at…
Harry Robertson
2 mins read
SEC tells investors to be wary of bitcoin futures due to volatility and fraud, as regulators ramp up crypto scrutiny
The SEC told those considering getting into bitcoin futures to "weigh carefully the potential risks…
Harry Robertson
2 mins read
Hunt for uncertified toys continues; BIS conducts 100 search operations
In order to curb the sale of non-ISI certified toys and to ensure implementation of the Toys Qualit…
1 min read
Over 18,000 toys from Hamleys, Archies stores seized for violating quality control norms
More than 18,000 toys from major stores across the country, including those of Hamleys and Archies,…
1 min read
The slump in stocks has a silver lining – it shows investors have finally stopped fighting the Fed, BIS says
The recent sell-off is "welcome" because it makes a future crash less likely, according to economis…
George Glover
1 min read
'Stablecoins are not stable and have no role as money'
Last month, the shocking implosion of the TerraUSD and Luna cryptocurrencies threw many young inves…
2 mins read
Central banks must prioritize inflation over recession in a 'historically unprecedented' situation, BIS urges
"The new inflationary environment has changed the balance of risks. Central banks have not faced th…
George Glover
1 min read
Green assets may be in a bubble as ESG push drives up prices of eco-friendly investments, BIS warns
In parallel to the 2008 financial crisis, the BIS noted that the pre-crisis growth in mortgage-back…