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coinpedia 2023-07-11 13:36:36

Crypto Falls Short as a Viable Currency, BIS Tells G20

The post Crypto Falls Short as a Viable Currency, BIS Tells G20 appeared first on Coinpedia Fintech News The Bank for International Settlements (BIS) has published a report on the future of cryptocurrencies. The report, which was sent to the finance ministers of the world’s twenty largest economies, raises concerns about the “inherent structural flaws” of cryptocurrencies. The BIS argues that cryptocurrencies are unstable, inefficient, and lack accountability. The report also cites the …

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