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Tag: Central Bank Cryptocurrency

BIS Warns Central Banks on Perils of Issuing Cryptocurrencies

Category: Altcoins, Blockchain, Finance, News

BIS Warns Central Banks on Perils of Issuing Cryptocurrencies

The Bank of International Settlements (BIS) has cautioned central banks across the globe against issuing central bank digital currency. In a new report, the BIS, a global body comprising of a handful of central banks, warned about associated risks to the world economy due to Central Bank Cryptocurrencies (CBCCs). The report, published by the Basel-based institution, is titled ‘Central Bank…

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