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BIS warns stablecoins could weaken capital controls in emerging markets

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BIS warns stablecoins could weaken capital controls in emerging markets

BIS warns stablecoins could weaken capital controls in emerging markets

Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets.


Source: BIS warns stablecoins could weaken capital controls in emerging markets
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