“Cryptoassets have so far not reduced but rather amplified the financial risks in less developed economies,” the study, published by the Basel-based Bank for International Settlements (BIS), said, adding that regulating the sector would be preferable to a full ban, given the difficulties of enforcement and risks of curbing innovation.
Robinhood (HOOD) Shares Fall After Its Crypto Arm Gets Wells Notice From SEC
The company said that the potential action from the agency may include "a civil injunctive action, public administrative proceeding, and/or...