Despite BIS’ stablecoin warnings, policymakers move forward in fight for global currency domination

On June 24, the Switzerland-based Bank for International Settlements (BIS) sounded a stark warning for policymakers pushing forward with the adoption of stablecoins — the asset-backed cryptocurrencies fall short of being money and they could pose risks to financial stability if allowed to grow.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.