BIS report suggests ‘embedded‘ monitoring tool for stablecoins

BIS report suggests ‘embedded‘ monitoring tool for stablecoins
фото показано с : cointelegraph.com

2020-11-25 13:08

After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies.

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Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […]

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