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Cryptoassets increase risk in developing economies: BIS study

Cryptoassets increase risk in developing economies: BIS study

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

“Cryptoassets hold out the illusory appeal of being a simple and quick solution for financial challenges” especially in emerging markets, but “have so far not reduced but rather amplified the financial risks in less developed economies,” the BIS report showed...

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