Global economy at a critical juncture, says central bank group BIS
Global Economic Uncertainty Highlighted by BIS Report Recent assessments from the International Bank of Reconciliation (BIS) indicate that trade tensions and geopolitical risks are revealing significant flaws in the global financial system. Agustin Carstens, the bank’s chief, pointed out that actions such as US-led trade wars suggest a notable shift away from the established economic […]
BIS states that stablecoins do not function well as money and urges for tight restrictions on their use.
BIS Report Questions Stability of Stablecoins A recent report from the International Bank for Reconciliation (BIS) raises doubts about whether stablecoins actually function as effective forms of money in today’s financial landscape. According to the BIS Annual Economic Report 2025, stablecoins do not meet essential criteria for currency, namely “single,” “resilience,” and “integrity.” The report […]
BIS issues serious caution about stablecoins
LONDON (Reuters) – Tough Warning on Stubcoin The International Bank for Reconciliation has issued a strong warning regarding the dangers linked to stubcoin, advocating for swift action by countries to explore the tokenization of their currencies. Often referred to as central banks, the BIS expressed concerns about several issues, like potential threats to financial sovereignty, […]
LAUREN BOWMAN BIS: Strip Clubs, Casinos, Bars And Gas Stations On Nevada’s Voter Roll
While some states have improved their election process, others have failed to make reforms and are doomed to repeat the mistakes of 2020. One of those states is Nevada. This key battleground state is set up for another chaotic election in 2024. The state will continue its disastrous 2020 policy of automatically mailing a ballot […]