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6/24/21

G;obal Economy - cryptocurrencies : World's central banks launch new campaign against cryptocurrencies - by Don Pittis

Recent moves by China to crack down on cryptocurrencies have been devastating to those who jumped on the bitcoin bandwagon this spring after a new buying frenzy had sent the digital units soaring to record highs.

And a report out Wednesday from the Bank for International Settlements (BIS), a Switzerland-based financial institution often described as "the central bankers' central bank," may mean the worries of digital coin holders are not yet over.

Read more at: World's central banks launch new campaign against cryptocurrencies | CBC News

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