‘Crypto is not communism’ — Exec slams BIS' take on crypto

">">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 https://x.com/perkinscr97/status/1913577079850828181

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