The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm.
“Many of their recommendations and conclusions – perhaps due to a mix of fear, arrogance or ignorance–are completely uninformed and frankly, dangerous,” CoinFund president Christopher Perkins said in an April 19 X post, referring to the BIS April 15…
Read the full article here
