As digital innovation in the financial sector thrives, there is still a massive need that only central banks can fulfill, which is to introduce their own digital currencies. In its latest report, the BIS not only makes this argument, but goes even further to claim that CBDCs have the potential to be the future of money.
Findings from a recent study from the Bank for International Settlements reveal that crypto markets react positively to clear regulations. What are these “clear regulations” that are fueling crypto prices, and what might this mean for the future of the industry? Find out here.