bis

Crypto is not communism — Exec slams BIS take on crypto

The Bank for International Settlements’ (BIS) recent report advocating for the isolation of crypto markets, along with its stance on DeFi and stablecoins, has drawn sharp criticism from industry leaders, who warn such recommendations could threaten the global financial ecosystem.

Many of the BIS' conclusions were described as uninformed and potentially harmful. Critics argue the BIS' “containment” approach—aimed at separating crypto from traditional finance—is both unrealistic and risky. “Crypto is not communism,” one executive stated, emphasizing that crypto functions like the internet—open, borderless, and beyond centralized control.

Concerns were raised that enforcing isolation would amplify liquidity risks in the traditional financial system. Crypto operates around the clock, unlike traditional markets that close after trading hours, making disconnection impractical and potentially destabilizing.

Critics noted that rather than reducing systemic risk, such policies could inadvertently create it. The BIS report acknowledged that crypto and DeFi have amassed substantial investor interest and capital, making regulatory oversight increasingly urgent.

Opposing the BIS view that DeFi presents major challenges, industry voices argued it offers a significant upgrade over the opaque structures of traditional finance. The issue of developer anonymity was also challenged, pointing out that traditional finance firms rarely disclose developer teams either.

The BIS also suggested that stablecoins might cause macroeconomic instability in vulnerable nations. In response, critics argued that if USD-backed stablecoins bring greater financial access to populations in countries like Venezuela or Zimbabwe, that should be viewed as a positive development.

Another expert likened the BIS report to “writing parking regulations for a fleet of self-driving drones”—a well-meaning effort, but technologically out of step.

#TrendingTopic #BIS #blockchain #TrumpVsPowell #ElonMusk
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🚨 NEW from BIS: Crypto & DeFi have reached “critical mass” — now posing potential risks to the traditional financial system.

⚠️ BIS warns it could widen wealth gaps

🌐 Recommends adding KYC, disclosure, and compliance frameworks to DeFi

⚖️ The call for regulation is getting louder.

#DeFi #Crypto #BIS #Regulation #blockchain

BIS Just Sounded the Crypto Alarm And It’s LOUD 🚨

The Bank for International Settlements says crypto adoption has hit CRITICAL MASS and they’re panicking.

Stablecoins now rule the DeFi universe.
But BIS says: no regulation = no redemption = major collapse risk.

And here’s where it gets spicy
They claim crypto is making the rich richer.
📉 Retail bought the dip.
🦈 Whales dumped at the top.

That’s not a market that’s a feeding frenzy.
Crypto is different tech... same old risks.
Translation: they still don’t get it.
But YOU do.

The question now:
Are we about to see mass adoption and new wealth creation?
Or is heavy regulation about to slam the brakes?

This isn’t just finance anymore it’s a global power shift.

👇 Drop your hottest take.
💬 Should we embrace regulation or resist it?
📊 Is DeFi the solution or the trap?

#CryptoAlert #BIS #Binance #defi #thecryptoheadquarters

🟡 Starting in 2025, banks will be allowed to hold crypto — but not more than 2% of their capital

International banks will be able to invest in cryptocurrency — but not more than 2% of their funds. This decision was made by central banks around the world to provide banks with clear rules.

Here’s how it works:
• If the cryptocurrency is reliable — for example, a stable stablecoin or a token pegged to the dollar — the bank can hold it.
• If the crypto is risky (for example, Bitcoin or uncollateralized altcoins) — such assets will be strictly limited.

Why this is important:
— Previously, banks feared crypto — now they have been given the green light, but with a safety belt.
— This will help large crypto projects get closer to traditional finance.
— And for us, this means that crypto is becoming an increasingly "official" part of the economy.

Subscribe to understand how the world is accepting crypto — in simple terms and without fluff 🟡
#bitcoin #crypto #banks #regulation #BIS $BTC $ETH $XRP

#xrp MEETS BANK OF INTERNATIONAL SETTLEMENTS (#BIS ) STANDARDS FOR GLOBAL PAYMENTS! 🌎

🌐 The Bank for International Settlements Proposes a Hybrid Digital Currency Model to Optimize CBDC Deployment and User Interaction

The Bank for International Settlements (BIS) recently announced a comprehensive framework for designing retail central bank digital currencies (CBDCs) -- the Hybrid Retail Central Bank Digital Currency (CBDC) model, which aims to organically combine the regulatory functions of central banks with the role of the private sector.

This hybrid model is managed by central banks for the issuance of digital currencies and the construction of the infrastructure, while private intermediaries are responsible for direct interactions with users, such as KYC verification, wallet management, and transaction processing. This ensures both efficiency and scalability while also addressing privacy and anti-money laundering regulations.

The architecture includes four core processes: user registration, digital currency issuance, withdrawal, and transfer. Moreover, it supports a tiered KYC mechanism, allowing low-value transactions to use basic wallets, while high-value transactions require stricter regulation.

Another highlight of this architectural model is the offline payment function, which is good news for unbanked populations, as payment channels will be greatly expanded.

The BIS report also mentions that CBDCs can bring advanced features such as programmability through smart contracts, asset tokenization, and seamless integration with DeFi. These features can enhance liquidity, automate transactions, and make CBDCs a cornerstone of modern economic operations.

The report also references some global experiences, such as China's digital yuan and Peru's offline pilot projects in rural areas, which are exemplars of technological application and innovation.

However, there are challenges in implementing this, such as how to ensure compatibility between this digital currency and the payment systems we currently use, how to protect our privacy without violating regulations, and how to guard against online attack threats.

Nonetheless, the Bank for International Settlements emphasizes that this proposal is also a flexible framework, intended to encourage discussion and gather ideas and opinions from everyone.

💬 What are your views on the development prospects of the hybrid digital currency model? What expectations do you have for the real-world applications of CBDC in the future financial world?

#数字货币 #CBDC #金融创新 #BIS