BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’

BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’
The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks.’ Headlines Impact Price According to the newest study on cryptocurrencies released by BIS, cryptocurrencies’ valuations are broadly impacted by news regarding national regulations, despite attempting to operate out of their reach. Purportedly, news whichRead MoreThe post BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’ appeared first on Bitcoinist.com. For Further Information Click on Below Button
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