12-17-2022, 09:07 AM
The Bank of International Settlements just finalized policy to let banks hold 2% of
<!-- SC_OFF --><div class="md"><p>The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin</p> <p>That is a grand total of $3.6 TRILLION</p> <p>Source: <a href="https://twitter.com/BitcoinMagazine/status/1603823944783609856">https://twitter.com/BitcoinMagazine/status/1603823944783609856</a></p> <p>The Bank for International Settlements (BIS) is an international financial institution owned by <strong>central banks of Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland</strong>.</p> <p>As a reminder</p> <p>in 2018 BIS Chief described Bitcoin as a Ponzi Scheme and a Threat to Central Banks.</p> <p>5 years later.. they allow it in their reserves...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Chysce"> /u/Chysce </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/znmt5o/the_bank_of_international_settlements_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/znmt5o/the_bank_of_international_settlements_just/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin</p> <p>That is a grand total of $3.6 TRILLION</p> <p>Source: <a href="https://twitter.com/BitcoinMagazine/status/1603823944783609856">https://twitter.com/BitcoinMagazine/status/1603823944783609856</a></p> <p>The Bank for International Settlements (BIS) is an international financial institution owned by <strong>central banks of Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland</strong>.</p> <p>As a reminder</p> <p>in 2018 BIS Chief described Bitcoin as a Ponzi Scheme and a Threat to Central Banks.</p> <p>5 years later.. they allow it in their reserves...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Chysce"> /u/Chysce </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/znmt5o/the_bank_of_international_settlements_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/znmt5o/the_bank_of_international_settlements_just/">[comments]</a></span>