South Korean President nominates Shin Hung-song, head of the Monetary and Economic Department at the Bank for International Settlements, as the next governor of the Bank of Korea. He has previously expressed concerns about Korean won stablecoins, believing they could lead to capital outflows and affect financial stability. The public is watching to see if his stance on stablecoins will change after he takes office.

The Bank for International Settlements report shows that over the past six months, retail investors have significantly increased gold investments, with purchase volumes growing approximately threefold, while institutional investors have continuously reduced holdings, forming a stark contrast. Retail investors' allocation to gold ETFs has reached approximately $70 billion, reflecting strong demand for safe-haven assets. Meanwhile, accelerated institutional position reductions and selling have triggered a pullback in precious metal prices, particularly with silver declining 34%. The strengthening dollar and leveraged capital flows have also intensified market volatility.

American model Bri Tracy recently explored the role that XRP might play in the reverse yen arbitrage trading in Japan, which amounts to a staggering $4.5 trillion. Tracy pointed out that XRP has fast and programmable settlement capabilities that meet the needs of modern financial infrastructure. She emphasized that the bank for international settlements (BIS) recommends effective settlement of assets to be turned over 8 to 10 times daily to ensure liquidity, while the turnover speed of XRP far exceeds this standard. Japan's SBI Remit has already started using XRP for fast cross-border settlements. Reverse arbitrage trading refers to investors borrowing funds in low interest rate countries and investing in high-yield assets to obtain differential returns. Japan has long maintained a low interest rate, even negative interest rate environment, giving rise to a large-scale yen arbitrage trading. According to data from the Japanese Ministry of Finance, the trading scale is approximately 4.2 trillion to 4.5 trillion USD. After the Bank of Japan ended negative interest rates and raised the benchmark rate in March 2024, some arbitrage trades triggered reverse operations, with about 40% of trades closed and the remaining 60% still ongoing.

Golden Finance reports that the Bank for International Settlements (BIS) has released a brief stating that there is a liquidity mismatch risk between daily redemptions and T+1 settlements for tokenized money market funds (MMFs), which is particularly pronounced under market stress. However, solutions are already emerging in the industry, such as Broadridge's DLR system, which enables the intraday transfer and monetization of government bonds, providing a technical path to alleviate liquidity mismatches.

PANews November 26 news, according to the BIS official website, Tommaso Mancini-Griffoli will join the bank for international settlements (BIS) on March 1, 2026, as the head of the BIS Innovation Hub for a term of five years and will enter the BIS Executive Committee. He is currently the Assistant Director of the IMF's Monetary and Capital Markets Department, responsible for payment, currency, and financial market infrastructure. The BIS Innovation Hub covers seven centers (Frankfurt/Paris, Hong Kong, London, Singapore, Stockholm, Switzerland, Toronto) and maintains strategic cooperation with the Fed. His predecessor was Cecilia Skingsley; before his arrival, BIS Deputy General Manager Andréa M.

According to Jinse Finance, the Bank for International Settlements (BIS) has appointed one of the world's most influential digital money economists, Tommaso Mancini-Griffoli, as the next head of the BIS Innovation Hub, effective March 2026. The Bank for International Settlements stated on Tuesday that Mancini-Griffoli will 'lead efforts to explore innovative technological solutions in the central banking community.' His responsibilities are expected to include the ongoing advancement of Central Bank Digital Currency (CBDC), tokenization of assets, and new market infrastructure. Mancini-Grifoni currently serves as Deputy Director of the Monetary and Capital Markets Department at the International Monetary Fund, responsible for payment and currency matters. He is one of the most important advocates within the IMF for a regulated digital currency model supported by public funds, having previously warned about the risks of unregulated stablecoins. This appointment comes at a time when the bank for international settlements innovation center is accelerating its progress.