BIS Says ‘Strongly Coordinated’ International Efforts’ Needed To Prevent Stablecoin Regulatory Arbitrage

The Bank for International Settlements says coordinated international efforts are necessary for stablecoin regulation. According to a new BIS release from the organization’s Committee on Payments and Market Infrastructures (CPMI), stablecoin technology offers both new financial opportunities and challenges, but its drawbacks may outweigh the benefits. Says the report, “The use of stablecoins in cross-border payments The post BIS Says ‘Strongly Coordinated’ International Efforts’ Needed To Prevent Stablecoin Regulatory Arbitrage appeared first on The Daily Hodl .