U.S. Policy changes are destabilizing international markets and diminishing the US dollar’s status as a safe haven, according to the BIS. The general manager called it an era of heightened uncertainty, with fiscal expansions adding to global recovery challenges.
The market has reacted to increasing U.S. Bond yields coupled with a depreciating dollar, indicating instabilities. BIS calls for expedited reforms to address these structural vulnerabilities and enhance market confidence.
Ripple has launched a permissioned decentralized exchange on the XRP Ledger, aimed at regulated institutions. This will ensure compliance with regulations, enhancing institutional access to decentralized finance and addressing KYC and AML concerns.
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