Navigating the Global Impact and Risks of Stablecoins and New Crypto Regulations

TL;DR Summary
The BIS Bulletin discusses the growing linkages between stablecoins and traditional finance, highlighting policy challenges such as financial stability risks, concerns over monetary sovereignty, and the need for tailored regulations due to the unique features of stablecoins.
Topics:business#finance#financial-stability#foreign-exchange#monetary-sovereignty#regulation#stablecoins
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