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...
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...
Our friends at the Bank for International Settlements (BIS) have managed to generate quite the kerfuffle. Their new report argues for separating digital asset markets from traditional finance. Released on April 15, the report urges policymakers to adopt a "containment" strategy, effectively walling off digital assets and decentralized finance (DeFi)...