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The Nexus
BUSINESSApr 20 · 12:28 UTCTHE BLOCKBrian Danga

BIS says stablecoins act more like ETFs than money, warns of fragmentation without global rules: report

The Bank for International Settlements (BIS) warned that stablecoins function more like exchange-traded funds (ETFs) than traditional money, emphasizing the need for global regulations to avoid fragmentation in the $300 billion market.

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Mentioned
Bank for International Settlementsorganizationstablecoinstopicexchange-traded fundstopicglobal rulestopic$300 billion markettopic
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