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bank for international settlements - All news and posts by Crowdfund Insider

bank for international settlements - All news and posts by Crowdfund Insider
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

BIS appoints Raphael Auer as head of the Innovation Hub Eurosystem Centre

The Bank for International Settlements (BIS) today announced that Raphael Auer will join the BIS Innovation Hub (BISIH) team as the head of the upcoming Eurosystem Centre, expected to open in the first half of 2022.

BIS Appoints Raphael Auer As Head Of The Innovation Hub Eurosystem Centre

<ul> <li><span>Mr Auer is currently a principal economist in the Innovation and the Digital Economy unit of the BIS s Monetary and Economic Department</span></li> <li><span>He has contributed extensively to BIS policy publications and published widely in the field of central bank digital currencies, stablecoins and cryptocurrencies</span></li> <li><span>The BIS Innovation Hub Eurosystem Centre will have locations in both Frankfurt and Paris</span></li> </ul>

DeFi risks and the decentralisation illusion

This feature analyses decentralised finance (DeFi), a new form of crypto intermediation that uses automated protocols on blockchains and stablecoins to facilitate fund transfers. Even though links with traditional finance are currently contained, DeFi warrants closer monitoring because of high leverage, limited shock-absorbing capacity and built-in interconnectedness.

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