To ban or not to ban crypto in 2023? BIS_org shares possible regulatory approaches for states BIS
The authors opined that the FTX collapse demonstrated that decentralization in crypto is often delusional: governance is concentrated in the majority of DeFis. As such, the industry is not ready to be fully self-governed yet.
BIS officers propose three models of how states can handle crypto. First, they can ban cryptocurrencies entirely to eliminate all associated risks. It will protect investors from being scammed and significantly increase the stability of financial systems. However, crypto bans could be circumvented, let alone they conflict with the founding principles of society.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bank of International Settlements outlines policy approaches to ban, contain or regulate cryptoThe BIS outlined three approaches to addressing risks in crypto markets, including banning in extreme cases.
Weiterlesen »
Biden's war on your kitchen continues with proposed gas stove banThe Consumer Product Safety Commission has reportedly been weighing a rule that would ban gas stoves nationwide.
Weiterlesen »
With gas stove ban, the Biden administration proposed regulation over innovationIn a confusing interview with Bloomberg, a U.S. Consumer Product Safety commissioner suggested the agency was considering a ban on natural gas stoves, a claim later backtracked by the chairman of the agency after an immediate outcry on social media. The one thing people seem to agree on is they…
Weiterlesen »
Crypto.com Cuts 20% Workforce as Firms Brace for Crypto WinterBREAKING: cryptocom said it is cutting its workforce by almost 20% as the industry struggles from the impact of the crypto winter. By parikshitm899
Weiterlesen »
San Diego crypto bank Silvergate lays off 181 amid run on deposits last quarterState-chartered bank, which specializes in providing financial infrastructure to the cryptocurrency industry, filed a WARN Act on job cuts that reduced its workforce by 40 percent
Weiterlesen »
Attempted bank robber caught after leaving phone at bank, police sayAn attempted bank robber in Florida was arrested after she left her phone at the bank, allowing police to learn her identity, officials said.
Weiterlesen »