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IMF prefers to regulate crypto than banning it outright: Report

The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain...

Majority of Retail Bitcoin Investors Likely Lost Money in Last 7 Years, Finds BIS Report

The Bank for International Settlements (BIS) has published its Bulletin No 69, titled “Crypto shocks and retail losses,” which investigates the behavior of crypto...

IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning...

Crypto Industry Lost Over $650B After Two Major Scandals in 2022: BIS

A recent report by the Bank of International Settlements (BIS) revealed that the crypto industry lost over $650 billion after two major scandals...

BIS has long taken a cautious approach

Bitcoin (BTC) and other cryptocurrencies have been regarded with suspicion by the Bank for International Settlements (BIS) for a considerable amount of time. According...

Mike Novogratz: Chief Ignoring Key Facts About Bitcoin and Ethereum

Agustin Carstens, the head of the Bank for International Settlements (BIS), declared victory in the war between cryptocurrencies and fiat currencies during an interview...

The Bank for International Settlements

In the days that immediately followed the collapse of the cryptocurrency firms FTX and Terraform Labs, there was an increase in the amount of...

CryptoSlate Wrapped Daily: Cardano social network enters beta; FTC investigates Voyager

Ad The biggest news in the cryptoverse for Feb. 22 saw EMURGO launch a social network for the Cardano community. Meanwhile, the FTC said...

Here’s What’s Driving Bitcoin (BTC) Adoption, According to Bank for International Settlements Research

The Bank for International Settlements (BIS) says that rising Bitcoin (BTC) prices spur much greater adoption just a few months later. In a new bulletin...

The digital pound: a new form of money for households and businesses? Consultation Paper

A new platform could enable a wide range of new technological capabilities. However, inthe UK, this approach would have a long lead time compared...

BIS Says Crypto Lost Battle Against Fiat – Praises Blockchain Tech

The BIS chief said that crypto assets had lost the battle for being an alternative to fiat currency.  BIS also has ‘serious doubts’ over...

BIS head claims fiat won battle with crypto, Bitcoin community disagrees

The Bank for International Settlements (BIS) has long taken a cautious approach to Bitcoin (BTC) and cryptocurrencies. No need for caution anymore, however, as...

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