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

As we bid farewell to the fourth month of 2023, the crypto market continues to be in flux. The latest approval of the MiCa legislation within the European Parliament is about to carry a brand new…
1 year ago
With about one yr left till Bitcoin (BTC) goes by way of its subsequent halving, after which the reward for mining new Bitcoin blocks will scale back in half as a part of capping the provision to 21…
1 year ago
Robert Kiyosaki, a famend investor and writer of the best-selling private finance e book ‘Rich Dad Poor Dad,’ has responded to the projections of gold crashing, arguing that treasured metals, in…
1 year ago
SEOUL, SOUTH KOREA, APRIL 24, 2023 — Korea Cryptocurrency ledger Week (KBW), one of many main Cryptocurrency ledger and Web3 occasions in Asia, will return for 2023 following the immense success of…
1 year ago
With the fourth month of 2023 nearing its conclusion, Shiba Inu (SHIB) has assumed a bearish development of the overall cryptocurrency market that has prevailed through the previous week, and crypto…
1 year ago