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Monday, May 20, 2024
bitcoin
Bitcoin (BTC) $ 68,585.38
ethereum
Ethereum (ETH) $ 3,146.74
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 580.46
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.520532
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.153812
cardano
Cardano (ADA) $ 0.4749
solana
Solana (SOL) $ 181.12
matic-network
Polygon (MATIC) $ 0.70057
polkadot
Polkadot (DOT) $ 7.15
tron
TRON (TRX) $ 0.122451
HomeFinanceCentral banks wish to look below crypto’s hood — Is that this...
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Central banks wish to look below crypto’s hood — Is that this a optimistic signal?

The Financial institution for Worldwide Settlements’ (BIS) Mission Atlas (NYSE:) report provides yet one more indication that the worlds of crypto and conventional finance could also be converging.

On the floor, this proof-of-concept mission backed by a few of Europe’s largest central banks — like German central financial institution Deutsche Bundesbank and Dutch central financial institution De Nederlandsche Financial institution — appears modest sufficient: securing extra crypto-related information, like cross-border (BTC) flows.

Deriving cross-border flows primarily based on crypto trade areas. Supply: Mission Atlas

Proceed Studying on Cointelegraph

See also  XRP's Epic Battle Towards Bears, Solana Breaks $100, Whereas Ethereum Fights for Momentum
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