🚨🚨📌 Emergency Market Insights: Stablecoin Shake-Up: BIS to Permit Only "Permissioned" Stablecoins! ‼️‼️🚨🚨
Key Points:
1️⃣ _BIS Crackdown:_ The Bank for International Settlements (BIS) plans to restrict stablecoin usage to only "permissioned" ones.
2️⃣ _USDT & USDC in Danger:_ Popular stablecoins like USDT and USDC might face significant risks due to this new regulation.
3️⃣ _Permissioned vs Permissionless:_ BIS aims to differentiate between "permissioned" stablecoins, issued with regulatory approval, and "permissionless" ones, like most current stablecoins.
4️⃣ _Impact on Crypto Market:_ This move could significantly impact the crypto market, potentially affecting stablecoin dominance and usage.
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