February 7, 2025
Bank for International Settlements Urges G20 to Dismiss Crypto

The Bank for International Settlements (BIS) has told the
Group of Twenty (G20), the intergovernmental forum comprising the world’s top
19 economies, and the European Union, that cryptocurrencies cannot be adopted
as a monetary instrument because they have “inherent structural flaws.”In a report submitted to
the G20 Finance Ministers and the Central Bank Governors…
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