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BIS: Stablecoins May Bypass Capital Controls, Study Finds
A BIS study finds dollar-backed stablecoins are largely unaffected by capital controls, raising new questions about monetary sovereignty and regulation in emerging markets.
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cointelegraph.com
BIS: Stablecoins May Bypass Capital Controls, Study Finds
A BIS study finds dollar-backed stablecoins are largely unaffected by capital controls, raising new questions about monetary sovereignty and regulation in emerging markets.
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theblock.co
BIS warns USD stablecoins can evade capital controls, challenging traditional market regulations
BIS says that FX restrictions and capital controls are less effective against stablecoins than against foreign currency bank deposits.
