The native digital currency of Ripple and its cross-border payments network have started receiving global recognition after its win over the US Securities Exchange Commission. The Institute of International Finance…
The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the…
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“Though relatively small compared with total on-chain network traffic, identified flows between crypto exchanges are significant and substantial economically,” said the study, which initially looked at transactions on the Bitcoin…
Economists at the Bank of International Settlements( BIS) have recommended three programs controllers worldwide could adopt in order to deal with the pitfalls posed by cryptocurrencies. “ Authorities can now…
