BIS warns stablecoins could weaken capital controls in emerging markets

AI Summary Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets. fulltext: 183 chars | fulltext source: rss-fallback | summary method: extractive Original: https://cointelegraph.com/news/bis-study-says-stablecoins-bypass-capital-controls-more-easily-than-bank-deposits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Source: CoinTelegraph