BIS Report Cites ‘Inherent Limitations’ of Cryptocurrencies; Questions Their Role in Global Economy


BIS Report Cites 'Inherent Limitations' of Cryptocurrencies; Questions Their Role in Global EconomyThe Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network congestion and high fees. BIS Report: ‘Crypto Has So Far Failed to Harness Innovation to the Benefit of Society’ In its latest […]