BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt

BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt


Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing monetary system in the public interest,” they advised.

BIS Economists Discuss Crypto Policies

The Bank of International Settlements (BIS) published a bulletin last week titled “Addressing the risks in crypto: laying out the options.”

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Authored by BIS economists Matteo Aquilina, Jon Frost, and Andreas Schrimpf, the report discusses the risks associated with cryptocurrencies and the various options available to regulators and central banks for addressing these risks.

The authors outlined “three potential lines of action.” The first is to “ban

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