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BIS Warns of Stablecoin Risks: Urges Policymakers to Act

The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.

#stablecoins#bis#cryptocurrency#regulation#india fintech

· · The Next Web

BIS Warns AI Investment Bust Could Mirror 2008 Crisis Impact

The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “

#ai investment#credit markets#bis#india tech#financial impact