Stablecoins fare poorly on three measures of their use as a mainstay in the monetary system, the Bank for International ...

BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...

Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...

The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries ...

Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.

Stablecoin firm Circle’s (CRCL) meteoric stock frenzy is showing some signs of cooling.

Kakaopay's stock fell 10%--the sharpest daily decline in more than three months--to close at 84,200 won, equivalent to $62.01. The slump followed the stock's forced trading suspensions on Tuesday and ...

Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...

Shares of Circle Internet Group ( CRCL -9.45%) are falling today, down 9.1% as of 2:57 p.m. ET. The drop comes as the S&P 500 ...

Private crypto can’t pass the test to serve as the new backbone of the global monetary system ...

Bank for International Settlements releases ‘advance chapter’ on stablecoins ahead of its Annual Economic Report that paints ...