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As Wall Street embraces stablecoins, regulators warn they've become the go-to currency for global crime networks.
The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries ...
The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a ...
Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.
Bank for International Settlements (BIS) Unveils New Vision for Global Monetary and Financial System
The Bank for International Settlements (BIS) unveiled a groundbreaking vision for the future of the global monetary and financial system.
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Independent.ie on MSNCentral bank for central bankers blasts role of stablecoins in financial systemsThe Bank for International Settlements (BIS), often dubbed the central bank for central bankers, has issued a withering ...
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Cryptopolitan on MSNEU plans new rules for global stablecoins despite ECB warningsThe European Commission, the EU’s executive branch, plans to issue formal guidance in the coming days, according to the ...
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Cryptopolitan on MSNSouth Korea’s central bank warns against rushed stablecoins roll outSouth Korea’s central bank wants to keep a tight grip on how stablecoins enter the country’s financial system. On Tuesday, ...
The Bank of England (BoE) has recently made significant strides in enhancing transparency, reinforcing global financial ...
Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...
The Bank for International Settlements (BIS) has decided to withdraw from the mBridge digital cross-border payments project due to the possibility of using the underlying technology to circumvent ...
Regulators must move quickly to ensure stablecoins do not slip through the cracks of traditional oversight, said Standard Chartered’s chief financial officer, Diego De Giorgi.
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