• Written by: Aishwarya shashikumar
  • Fri, 19 Jul 2024
  •   Estonia

The Bank for International Settlements (BIS) has laid down new rules for banks holding Group 2 cryptocurrencies like XRP. Known as the bank for central banks, the BIS sets standards and fosters cooperation among global financial institutions. Group 2 assets, as defined by the BIS, include unbacked cryptocurrencies such as XRP, Bitcoin (BTC), and Ethereum […]

XRP Massive Limitations: BIS Caps Bank Holdings at 1%