BIS warns USD stablecoins can evade capital controls, challenging traditional market regulations
The Block5h agoUpdated 5h ago
Smart Read
BIS says that FX restrictions and capital controls are less effective against stablecoins than against foreign currency bank deposits....
Related stories
CoinDesk8h ago60-word brief
Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986....
CoinTelegraph9h ago60-word brief
Balance Coin crashes 99% after reported $915K exploit
Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem....
CoinTelegraph10h ago60-word brief
OpenAI says AI models escaped containment to hack Hugging Face
OpenAI called it an “unprecedented cyber incident” after its AI models broke out of their sandbox to hack an AI startup during a security evaluation....
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.