By Emir Abyazov The Bank for International Settlements (BIS) has issued a strong critique of stablecoins, stating in a new report that these digital assets are unable to fulfill the function of money in the modern financial system. The document, titled “BIS Annual Economic Report 2025,” directly challenges the main argument made by supporters of […]
Tag: CRCL
By Peter Wind Decentralized finance (DeFi) tokens are leading today’s crypto market rally, with the likes of UNI (+22%), AAVE (+20%) and SKY (+19%) enjoying impressive gains. The strength displayed by DeFi tokens is driven by two bullish developments. U.S. SEC (Securities and Exchange Commission) chairman Paul Atkins expressing a positive stance towards decentralized finance, […]
By Emir Abyazov Bitcoin bounces back following Trump-Musk dispute The leading cryptocurrency ended the week with an increase of about 1%, trading at around $105,900. On Friday, June 6, the altercation between U.S. President Donald Trump and billionaire Elon Musk put pressure on Bitcoin and the market as a whole. The price of the digital […]