LONDON (Reuters) -The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries to move rapidly towards the tokenisation of their ...
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BIS chief: Stablecoins insufficient as currency
The South Korean government is pushing to introduce stablecoins, but Pablo Hernandez de Cos, Secretary-General of the Bank for International Settlements (BIS), expressed skepticism, stating, “They are ...
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