According to Foresight News, the Bank for International Settlements (BIS) issued an announcement, warning that the rapid expansion of stablecoins is presenting new policy challenges for financial regulators. The report stated that since 2023, the total market value of stablecoins has doubled to approximately $255 billion, with over 90% concentrated in two US dollar-pegged tokens. BIS pointed out that stablecoins lack the basic guarantees of bank deposits and are highly dependent on the US dollar, which could potentially undermine the effectiveness of existing foreign exchange regulations and make it difficult for law enforcement agencies to freeze funds involved in investigations.
Bank for International Settlements: Rapid growth of stablecoins will bring regulatory risks
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