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The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin

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by COINS NEWS 120 Views

The Bank of International Settlements just finalized policy to let banks hold 2% of reserves in Bitcoin

That is a grand total of $3.6 TRILLION

Source: https://twitter.com/BitcoinMagazine/status/1603823944783609856

The Bank for International Settlements (BIS) is an international financial institution owned by central banks of Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland.

As a reminder

in 2018 BIS Chief described Bitcoin as a Ponzi Scheme and a Threat to Central Banks.

5 years later.. they allow it in their reserves...

submitted by /u/Chysce
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