![Crypto Terms Glossary: What is Bank for International Settlements (BIS)? Crypto Terms Glossary: What is Bank for International Settlements (BIS)?](/img/9/110/what-is-bank-for-international-settlements-bis-sm.webp)
The Bank for International Settlements (BIS) is an international financial institution based in Basel, Switzerland that is owned by numerous global and central banking stakeholders. Its purpose is to guide international monetary policy and administer financial cooperation, alongside serving as a bank for central banks and other international organizations.
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