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3232BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
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Fri, 02 Jul 2021 18:00:25 +0000https://www.digit.info/2021/07/02/bis-economist-recommends-technology-neutral-crypto-regulation-low-cost-supervision-of-decentralized-markets/Read more]]>An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded supervision,” adding that “The main aim is low-cost supervision of decentralized markets.” BIS Economist Suggests Regulatory Approach […]