Until now, the Bank for International Settlements (BIS) has wanted to put up that wall. A digital wall. Their recent report supports keeping crypto markets separate from traditional finance. Such a move wouldn’t just be wildly misinformed, it would represent a dangerous retreat into technological stagnation and economic self-sabotage. As...
They want to isolate us? The Bank for International Settlements (BIS) really wants to quarantine digital assets? Seriously? Identical to their attempts to enclose the internet in a walled garden. It's not just naive; it's dangerous. And in regard to NFTs, well, if that’s your take, you are way off...
The Bank for International Settlements (BIS), often called the central bank of central banks, has published two damning reports. Both these reports support a total fire wall between the traditional advising finance world and crypto world. This stance has sparked a heated debate, pitting the BIS's cautious approach against the...
The Bank for International Settlements (BIS), often referred to as the bank for central banks, has been ringing alarm bells. They explain that crypto and DeFi have achieved a “critical mass,” creating the potential for financial instability. The BIS report highlights the increasingly merger of crypto with TradFi. Specifically, it...
The Bank for International Settlements (BIS) is at it again, folks. Their recent report glorifies alarmist rhetoric about DeFi and crypto achieving “critical mass,” foretelling technological Armageddon. Oh no, the financial sky is falling! Give me a break. It's like your grandpa complaining about rock and roll – they just...
The Bank for International Settlements (BIS), often referred to as the central bank for central banks, has recently updated its assessment of the decentralized finance (DeFi) and crypto landscape. That change in mindset should be a game changer. Fortunately, global financial institutions have finally shed the decades-long view of the...