Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

The Bank for International Settlements called for abandoning stablecoins

June, 25 2025

The Bank for International Settlements (BIS) has strongly criticized stablecoins, saying that they do not meet the main requirements of a full-fledged monetary system. These digital assets are not backed by central banks, are vulnerable to illegal activity, and lack the flexibility needed to boost economic growth. The BIS annual report for 2025 highlights that stablecoins do not meet three key criteria: uniformity of money, elasticity of money supply, and financial transparency.Instead of p... Read More

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