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BIS warns cryptocurrency exchanges are becoming ‘shadow banks,’ and why that’s a risk

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Finance, Cryptocurrency, banks, DeFi, News The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance. The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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