Jon Frost

Head of Innovation and the Digital Economy

Monetary and Economic Department

jon.frost@bis.org

Jon Frost heads the Innovation and the Digital Economy (IDE) unit in the BIS Monetary and Economic Department.

He has published on fintech, big tech in finance, central bank digital currencies, stablecoins, capital flows and technology and inequality. Previously, Jon was Head of Economics for the Americas in the BIS Americas Office in Mexico City, and a Senior and then Principal Economist in IDE. He also worked at the Financial Stability Board (FSB) secretariat, the Netherlands Bank, VU University in Amsterdam and in the private sector in Germany. Jon holds a PhD in economics from the University of Groningen.

He is a research affiliate of the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge and has served as a board member in the FinTech@CSAIL initiative of the Massachusetts Institute of Technology (MIT).

Fields of interest

Economic development
Central banking
Technological innovation

All BIS publications (62)

BIS Bulletin No 129 20 Jul 2026

A Mythos moment? Frontier AI and cyber risk

Frontier artificial intelligence (AI) models increase the speed, scale and complexity of cyber attacks, and they also…

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Jon Frost

Head of Innovation and the Digital Economy

Fields of interest

All BIS publications (62)

A Mythos moment? Frontier AI and cyber risk

Blockchain consensus mechanisms and fragmentation

The impact of stablecoins on the international monetary and financial system

Digitalisation and innovation - opportunities and risks for financial health

Quantum Bayesian inference: an exploration

Opening doors to open finance: evidence from the international experience

Global giants in the AI supply chain

The economics of water scarcity

Competing digital monies

All external publications (43)

International lending of Dutch insurers and pension funds: the impact of ECB monetary policy and prudential policies in the host country

Macroprudential policy and income inequality

Spillovers of monetary policy across borders: international lending of Dutch banks, insurers and pension funds

Financial institutions' business models and the global transmission of monetary policy

International banking and cross-border effects of regulation: lessons from the Netherlands

A shock to the system? Market illiquidity and concentrated holdings in European bond markets

Does unconventional monetary policy affect inequality? Evidence from Japan

All speeches (2)

Digital finance and shared prosperity: paths forward

Welfare implications of digital financial innovation

All videos (6)

A fireside chat with Martin Moloney, Deputy Secretary General, Financial Stability Board

International Developments in Tokenisation

Digital Payments and Banking Competition

Regulating Stablecoins

CeFi to DeFi: can global finance be de/re-constructed?

Digital data as money (panel session 15)

All podcasts (5)

A primer on tokenisation

Fast payments and central bank digital currencies: rivals or partners?

What might artificial intelligence mean for inequality?

Crypto shocks and retail losses

The Bank of Amsterdam and its lessons for the governance of money

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