Crypto amplified financial risks in emerging markets: BIS papers
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
HKMA Pilot Lets Banks Settle Tokenized Deposits Nights and Weekends in Central Bank Money
Banks in Hong Kong can now settle tokenized deposit transactions with one another 24 hours a day, seven days a week, using tokeniz...
Bank of Korea Weighs How Its Banks Would Weather a Crypto Exchange Hack
The Bank of Korea has asked 31 South Korean financial firms how they would be affected if the crypto exchange with the No. 1 marke...
Bhutan’s Gelephu Central Bank cleared to hold crypto in its reserves
Bhutan's move to allow crypto in central bank reserves could enhance its financial hub status, attracting global crypto firms and...
Crypto and Midterm Election: 3 Risks From Trump’s $5,000 Stimulus to Iran
Crypto is facing a major political test as Americans head to the polls on November 3, with the US midterm election potentially res...
Airtm and BVNK Plan Wallet Payments for Merchants in Emerging Markets
TL;DR The partnership was announced on October 29. Airtm Connect links wallets with participating BVNK retailers. The consumer tes...
Binance’s Richard Teng says exchange is financially sound after $6.3 billion heist
The heist underscores the critical need for robust cybersecurity measures and collaboration with law enforcement to safeguard digi...