JUST IN ⚡
BIS chief declares stablecoins unsuitable for large‑scale payments, backing tokenized bank deposits instead. 🔥
At a recent policy summit, the BIS head warned of volatility and regulatory gaps. He argued tokenized deposits retain existing oversight. The stance challenges current crypto payment ambitions. Industry may pivot toward compliant digital representations. 📈
Regulators will watch closely. ✅
$ZKP, $GIGGLE, $4
BIS chief declares stablecoins unsuitable for large‑scale payments, backing tokenized bank deposits instead. 🔥
At a recent policy summit, the BIS head warned of volatility and regulatory gaps. He argued tokenized deposits retain existing oversight. The stance challenges current crypto payment ambitions. Industry may pivot toward compliant digital representations. 📈
Regulators will watch closely. ✅
$ZKP, $GIGGLE, $4
