Harvard Research Paper Urges Governments and Central Banks to Add Bitcoin to Reserves to Hedge ‘Sanction Risk’
Central banks in countries that face a risk of being sanctioned by the US could shift their international reserves to include bitcoin (BTC), a new Harvard University research paper has argued. The research paper based th...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The research paper based the idea of central bank risk hedging with bitcoin on the fact that many central banks – and in particular those facing a higher risk of US sanctions – in recent years have increased the share of their reserves made up by gold, a traditional central bank reserve asset....
Read More: Harvard Research Paper Urges Governments and Central Banks to Add Bitcoin to Reserves to Hedge ‘Sanction Risk’
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
USDC traded $40.2 billion on DEXs during Q3 weekends while banks were closed
USDC's weekend DEX trading highlights the growing shift towards decentralized finance, challenging traditional banking's operation...
Argentina central bank director rules out crypto progress this year
Argentina's crypto ban may drive users to decentralized platforms, highlighting the tension between regulatory caution and market...
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway....
South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans
Bitcoin Magazine South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans Jeonbuk Bank has become the first bank in South Ko...
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody for Ripple's RLUSD stablecoin as it prepares to expand its use as collateral for instituti...
Bitcoin remains a buy on dips despite oil risks says Hilbert CIO
Bitcoin's resilience amid geopolitical and inflationary pressures highlights its potential as a hedge, yet market volatility persi...