Tagged: hyun song shin

Bank for International Settlements Says Cryptocurrencies “Within Reach of National Regulation”

Rhetoric regarding cryptocurrencies is somewhat more moderate in a recent report from the Bank for International Settlements (BIS), which finds that cryptocurrencies, in fact, “rely on regulated financial institutions to operate, bringing cryptocurrencies within reach of national regulation.” The BIS regulates and holds capital on behalf… Read More

Business as Usual: Bank for International Settlements Doubts Cryptocurrencies Pose Threat to Banking

The head of research at the bank coordinating the world’s top 60 central banks, the Bank for International Settlements (BIS), told delegates at its Annual General Meeting Sunday that he does not believe cryptocurrency blockchains in general can scale and transact enough to threaten the… Read More

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