Hyun-Song Shin, Governor of the Bank of Korea, was elected as a board member at the regular BIS Board of Directors meeting ...

The debate pits bearer instruments enabling atomic transfers on blockchains against bank-issued tokenized deposits offering ...

EGRs is backed by physical gold; the investors, at their discretion, can surrender the EGRs and take physical delivery of the ...

The South Korean government is pushing to introduce stablecoins, but Pablo Hernandez de Cos, Secretary-General of the Bank for International Settlements (BIS), expressed skepticism, stating, “They are ...

The era of unchecked AI experimentation in finance is over. With the Bank for International Settlements (BIS) releasing comprehensive governance guidelines and the US Treasury issuing new risk ...

Chinese house prices have crashed to their lowest level in 20 years, with homeowners who bought in 2005 now in the red as a debt crisis and oversupply wreak havoc on the market.

By Daniel ARHIN Artificial intelligence (AI) is no longer experimental in lending. Financial institutions globally now use machine learning to assess creditworthiness, speed up approvals, and expand ...

To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer ...

The leaders of the Judiciary and Homeland Security Committees on Monday released plans for the roughly $70 billion package, ...

Michael Marx, a 45-year-old Texan, is accused of shooting at Secret Service agents by the Washington Monument on Monday.

The goal is not depreciation. It is realignment, and there is a difference. It should realign the REER to restore exports, ...

Well then, it is universally known that Nikos Dendias either is, or wants to present himself as, or is perceived by Mitsotakis’ enemies — political opponents and businessmen — as the potential ...