Search results for Bank for International Settlements
Finance
Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent
Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.
Crypto
U.S. OCC final rules on GENIUS Act stablecoin rewards split banks and crypto industry
U.S. banks and the crypto industry are reacting in opposite ways after the Office of the Comptroller of the Currency finalised rules on stablecoin rewards under the GENIUS Act. Bank groups say allowing third-party rewards could pull money from deposits and weaken lending capacity, while crypto groups call the decision closer to Congress’ original intent. The rules take effect on Jan. 18, 2027, and some analysts say uncertainty over what structures are allowed may persist.
Crypto
Japan considers stablecoins for childcare and grocery subsidies, eyes onchain shift for government bonds and payment infrastructure
Japan is considering using stablecoins and tokenised deposits for subsidies with restricted uses such as childcare and groceries, while also examining a broader shift to blockchain-based finance. The Financial Services Agency has released minutes from a forum meeting and plans an interim summary in early 2027. Discussions cover programmable functions tied to real transactions, linking onchain and offchain payments, and ensuring payment-system stability and safety.
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Crypto
Mastercard enters stablecoin security market, unveils Stablecoin Security
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Crypto
BIS says digital currency can match cash-level privacy but not ready for rollout
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Crypto
Higher deposit rates cool stablecoin buying. Why?
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Crypto
Japan 10-year bond demand strengthens, raising questions over Bitcoin liquidity
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AI & Enterprise
AI slowdown calls clash with $800 billion infrastructure bets, raising fears for U.S. economy
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Crypto
Money flows into \'digital dollar\' stablecoins, shaking banks and national monetary systems
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Crypto
Global debt hits $365 trillion as stablecoin issuers emerge as major buyers of U.S. Treasuries
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Crypto
Visa cut adjusted stablecoin volume, but adjusted transaction count down less than 2 percent
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Crypto
BIS warns crypto on-chain metrics are hard to trust; estimates can differ sixfold
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Crypto
BIS tests XRP Ledger to verify tampering in economic statistics
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Crypto
BIS says stablecoins still fall short as payment tool, tokenised deposits back in focus
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Crypto
Stablecoins cannot fill U.S. long-term Treasury demand gap despite $73.3 billion
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Crypto
Jackson Hole central bank symposium now turned into a crypto conference?
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Crypto
Russia to roll out digital rouble payments from Sept 1; crypto payment ban remains
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AI & Enterprise
U.S. AI investment seen up 40%, widening gap with Europe