BIS chief says cryptocurrencies ‘do not make for trusted cash’

The top of the Financial institution for Worldwide Settlements (BIS), Agustín Carstens, has expressed skepticism about cryptocurrencies, questioning their skill to interchange fiat forex.  In keeping with Carstens, cryptocurrencies ‘don’t make for trusted cash’, an element he suggests was validated by final 12 months’s bear market, he mentioned in an interview with Bloomberg on February […]

brokersdotmarkets's Recent Blog Posts

Regardless of the cryptocurrency market receiving a troublesome blow within the type of the USA Commodity Futures Buying and selling Fee (CFTC) suing the world’s largest crypto buying and selling…
1 year ago
Cryptocurrency ledger tokenization is the method of changing real-world property into digital tokens on a distributed ledger technology, representing possession or rights over the property. What…
1 year ago
The third month of 2023 is coming to an in depth with a touch of pessimism on account of a brand new regulatory offensive on the world’s largest cryptocurrency buying and selling platform Binance.…
1 year ago
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, continues to bear a provide discount as the newest Shanghai improve progresses. Notably, the digital asset’s…
1 year ago
Regardless of deciding to maneuver from Immutable to Polygon in 2022, US developer Studio 369 has now determined its open world mech shooter MetalCore goes to run on Immutable in spite of everything…
1 year ago