IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments – Regulation Bitcoin News

The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital …

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US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’ – Bitcoin News

The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El …

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BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets – Regulation Bitcoin News

An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore …

BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets – Regulation Bitcoin News Read More »

BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks – Regulation Bitcoin News

The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases …

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Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador – News Bitcoin News

JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan …

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Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks – Regulation Bitcoin News

The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational …

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