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Market Cap:
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Bitcoin Bitcoin Share: 63.8%
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The Daily Hodl
2022-06-08 22:01:22

Bank for International Settlements Says Cryptocurrencies Have One Huge Disadvantage to Traditional Finance

Bank for International Settlements Says Cryptocurrencies Have One Huge Disadvantage to Traditional Finance

The Bank for International Settlements (BIS) says that crypto assets may have one massive downside compared to the traditional financial system. In a new bulletin from BIS, the institution says that blockchain-based digital assets are subject to fragmentation, which ultimately renders them unable to fulfill the role of money in a society. A crypto asset’s […]The post Bank for International Settlements Says Cryptocurrencies Have One Huge Disadvantage to Traditional Finance appeared first on The Daily Hodl.

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