The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin
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The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin
That is a grand total of $3.6 TRILLION
Source: https://twitter.com/BitcoinMagazine/status/1603823944783609856
The Bank for International Settlements (BIS) is an international financial institution owned by central banks of Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland.
As a reminder
in 2018 BIS Chief described Bitcoin as a Ponzi Scheme and a Threat to Central Banks.
5 years later.. they allow it in their reserves…
submitted by /u/Chysce
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