Bank for International Settlements

The Bank for International Settlements (BIS) is an international financial institution that serves as a bank for central banks, facilitating monetary and financial stability worldwide. Established in 1930, the BIS provides a platform for central banks to cooperate and exchange information, which is increasingly relevant in the context of cryptocurrency and digital currencies. As central banks explore central bank digital currencies (CBDCs), the BIS is actively involved in research and guidance on how these digital assets can be integrated into the global financial system, highlighting the need for regulatory frameworks and collaboration to address the challenges posed by cryptocurrency innovations.