BIS: CBDCs Will Be the Future of Monetary Systems, Are Better than Crypto
BIS takes the ongoing bear market, as well as the collapse of stablecoin as an affirmation that crypto and DeFi cannot be the foundation of monetary systems.
Weekly Wrap-Up: Visa Now Settles Payments in USDC (April 5, 2021)
Also, JP Morgan said Bitcoin volatility is subsiding.
Philippine Central Bank Not Keen on Launching Own Crypto
The BSP is not keen on launching its own cryptocurrency despite the announcement of Facebook’s launching of the Libra cryptocurrency.