The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.
Dubbed the central bank to the world's central banks, the BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.
(Dec-15-2021) WSJ - SEC Floats Rules to Shore Up Money Markets to Stop Investor Runs
The US Government holds 205,515 bitcoins more than 1% of the Circulating supply https://www.teddit.net/r/CryptoCurrency/comments/122unbm/the_us_government_holds_205515_bitcoins_more_than/
The same month the SEC said Coinbase were violating securities laws, the USGOV sent 9,826 BTC to Coinbase to sell. https://www.teddit.net/r/CryptoCurrency/comments/127sw4r/the_same_month_the_sec_said_coinbase_were/
CRYPTO Is Now A Security: What Does It Mean For You?! | Coin Bureau https://www.youtube.com/watch?v=gpnLjfnZ2qM
REPOST (Dec-15-2022) YAHOO FINANCE - Bank of International Settlements warns of $80 trillion of hidden FX swap debt
https://archive.ph/bmLA2
The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.
Dubbed the central bank to the world's central banks, the BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.
(Dec-15-2021) WSJ - SEC Floats Rules to Shore Up Money Markets to Stop Investor Runs
https://archive.ph/0GPuk