BIS Changes Tune on Cryptoassets

In a win for cryptoassets, the Bank of International Settlements (BIS) – an agency which has been critical of cryptocurrencies earlier – is now warming up to the concept. Two major developments yesterday point to a change in the organization’s stance. First, BIS chief Agustin Carstens told the Financial Times yesterday that it was planning to support the work of several central banks around the … Continue reading BIS Changes Tune on Cryptoassets