BIS Study: Regulate Ledgers, Not Individual Crypto Providers

Name: BIS Study: Regulate Ledgers, Not Individual Crypto Providers
Uploaded: 2022-05-20T18:29:09Z
Duration: 6 min 375 s
Description: According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requires regulators to stop looking at individual nodes and start looking at the distributed system as a whole. “The Hash” team discusses the regulatory perspective of DLT-based enhancement of cross-border payments.

May 20, 2022

According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requires regulators to stop looking at individual nodes and start looking at the distributed system as a whole.

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