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By Renae DyerDemand for stablecoins has risen significantly but the crypto assets shouldn't be the mainstay of the future monetary system, a group representing the world's top central banks said.Stablecoins, a cryptocurrency pegged to a traditional asset class such as the dollar, fall short of the râŚ
Today in crypto, the Bitget crypto exchange rolled back accounts following âabnormal trading activityâ in VOXEL-USDT perpetual futures contracts,â the Dogecoin community celebrates âDogeday,â and CoinFundâs president takes aim at the latest crypto report from the Bank for International Settlements.BâŚ
The Bank for International Settlementsâ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is âdangerousâ for the entire financial system, warns the head of a blockchain investment firm.âMany of their recommendations and conclusions â perhaps due to a âŚ
The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over governance, legal frameworks, and financial stability. Tokenization, which converts real-world assets like property anâŚ
Pyxtrial includes features that allow supervisors to pull data directly from issuers' systems to verify on-chain liabilities for stablecoins.
A committee that is part of the Bank for International Settlements (BIS) has signed a decision regarding cryptocurrencies. Continue Reading: Bank for International Settlements (BIS) Approves a Decision on Cryptocurrencies