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

Because the digital revolution continues to reshape the monetary panorama, Bitcoin (BTC) has emerged as a formidable contender to problem the age-old dominance of gold as a retailer of worth and…
1 year ago
The NFT lending market has skilled a surge in mortgage volumes, reaching a powerful $375 million in Might. Concurrently, NFT buying and selling volumes throughout the identical interval amounted to $…
1 year ago
Blur rapidly gained recognition within the NFT sector, and its lending protocol, Mix, appears to be following swimsuit. Mix’s recognition has skyrocketed since its launch in Might, eclipsing its…
1 year ago
Binance NFT introduced immediately the launch of an progressive NFT Mortgage characteristic. This initiative permits platform customers to acquire cryptocurrency loans utilizing their NFTs as…
1 year ago
Ripple CEO Brad Garlinghouse stated in a current interview with Mukaya Panich, the CEO of SCB 10X, that he expects Ripple’s extended authorized battle towards the US Securities and Change Fee (SEC)…
1 year ago