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BIS And IMF: “Digital Currency Can Be More Effective For Settlements With Cheaper Fees For Money Transfers”

According to two separate reports published by the Bank of International Settlements (BIS) and the International Monetary Fund (IMF), a group of central banks, crypto digital currency can lead to faster settlement times and cheaper transfers. Further, the BIS showcased a prototype where money transfers can be done in seconds with only a minor processing… Read More

BIS Research Group Gives Blessing On Crypto Investing; No Special Policy Needed

In a paper published by the Bank for International Settlements (BIS), titled: “Distrust or speculation? The socioeconomic drivers of US cryptocurrency investments,” researchers studied crypto investor trends concluding that no special government policy is needed. The paper published on July 1st was authored by Raphael Auer and David Tercero-Lucas. Auer is titled BIS’s principal economist… Read More

New World Emerging: BIS Backs 56 Countries For Central Bank Digital Currencies

The Bank Of International Settlements (BIS) or the central bank for the world has now expressed that its fully backing at least 56 countries developing a Central Bank Digital Currency (CBDC.) Recently the BIS has been heavily discussing how cryptocurrencies should be integrated into the world markets, but they aren’t talking about Bitcoin, Ethereum, and… Read More

Global Debt Explodes – Crypto Prices Likely to Follow

It isn’t exactly a secret that central banks use debt to paper over financial issues in the markets – and have been doing so since at least the Greenspan-FED era. What might be more surprising is that the magnitude of those interventions is getting bigger – and there are no solutions in sight. This isn’t… Read More

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