#BIS fears that #criptomonedas will replace fiat currencies in Latin America
The Bank for International Settlements admits that cryptocurrency transactions are more efficient, but still calls them “a risk.”
For the Bank for International Settlements (BIS), there are several reasons that could lead users in the emerging economies of Latin America to replace their local fiat currencies with cryptocurrencies.
In its most recent report, titled “Financial stability risks of cryptoassets in emerging market economies”, the BIS focuses on analyzing the dangers that, in its opinion, the ecosystem of #Bitcoin (#BTC ) and other cryptocurrencies represents in the sector. of the traditional finances of Latin American countries.
#CryptoCriss $BTC $ETH $BNB
The Bank for International Settlements admits that cryptocurrency transactions are more efficient, but still calls them “a risk.”
For the Bank for International Settlements (BIS), there are several reasons that could lead users in the emerging economies of Latin America to replace their local fiat currencies with cryptocurrencies.
In its most recent report, titled “Financial stability risks of cryptoassets in emerging market economies”, the BIS focuses on analyzing the dangers that, in its opinion, the ecosystem of #Bitcoin (#BTC ) and other cryptocurrencies represents in the sector. of the traditional finances of Latin American countries.
#CryptoCriss $BTC $ETH $BNB