Crypto vs Central banks

Crypto is seeing widespread adoption as a cheaper, faster, and more private way to send money across borders - and one that governments can’t control. That’s according to the latest research from the Bank of International Settlements.

But if this sounds like a vindication of crypto, remember that the CBDC-crazy BIS views crypto as a threat to the central banking system. Findings like these could lead to governments and central banks putting crypto back in the crosshairs.