BIS: Crypto’s ‘Structural Flaws’ Make It Unsuitable As A Foundation For The Monetary System
A new report from the The Bank for International Settlements (BIS) concludes that cryptocurrencies’ “structural flaws” make it “unsuitable as a basis for a monetary system.” the Annual Economic Report 2022 of the BIS, a global organization of 63 leading central banks, becomes suggest that blockchain’s role in a future monetary system will likely take …
