Not a fan of Bitcoin or crypto in general, the BIS, which is an organization that represents the world’s major central banks, has been advancing its own research into central bank digital currencies and recently completed project Dunbar in which the central banks of Australia, Malaysia, Singapore and South Africa found that cross-border CBDC efforts were viable.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies....