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

After its world market capitalization dropped under the psychological threshold of $1 trillion, the cryptocurrency sector has continued to stoop even additional, with the market cap of Bitcoin (BTC…
2 years ago
Lego, the Danish toy big famend for its colourful plastic bricks, is making ready to broaden its leisure choices portfolio by focusing on the metaverse.  The corporate is teaming up with Epic Video…
2 years ago
With the conclusion of the widely-publicized lawsuit of the USA Securities and Alternate Fee (SEC) in opposition to Cryptocurrency ledger firm Ripple seemingly inching nearer, a pro-XRP authorized…
2 years ago
Letitia James, the Lawyer Common of New York State, has filed a lawsuit in opposition to KuCoin for allegedly working as a securities and commodities broker-dealer with out registering within the…
2 years ago
Amidst the turmoil the crypto trade has been concerned in over the previous month, the worldwide market capitalization has dropped from the psychological stage of $1 trillion; Bitcoin has adopted the…
2 years ago