Stablecoins could make borrowing more expensive. That was the warning from Bank for International Settlements chief Pablo Hernández de Cos on August 28, as banks expand into digital money. These digital assets are becoming an awkward asset class for banks. Because it’s almost killing their business model and forcing
Bitcoin Magazine Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” Writing in a letter to MSCI
Years of lost savings taught Argentines to buy dollars. Economist Martín Tetaz says rebuilding trust in the peso could take years after inflation is tamed. An Argentine saver could spend a decade earning interest at a bank and still lose more than half their purchasing power. That is a difficult experience to forget