BIS Calls For Centralization Of Cryptocurrencies

Is crypto fragmentation really an issue for central banks and the BIS to rectify? No. It is completely beyond their jurisdiction, yet they have opted to make it their business. Now, BIS calling for the centralization of cryptocurrencies.

The Bank for International Settlements determined in a paper (read below) published this week that cryptocurrency 'can't fulfill the role of money,' despite highlighting several concerns with the decentralization model for cryptocurrencies (some of which...

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