Argentina's Central Bank Governor met with the head of China's central bank to discuss the global economy and monetary system. While Argentina denies swap renewal talks are on the agenda, reports suggest progress is being made on extending the agreement.
The world's central banks stopped arguing about whether stablecoins are risky long ago. Their main concern now is about who will control them and how. On April 20, BIS General Manager Pablo Hernandez de Cos called for global cooperation on stablecoins, describing it as “critically important.” The Bank for International Settlements, often called the central bankers' […] The post The world’s central banks finally see crypto as a real monetary threat to TradFi appeared first on CryptoSlate.
Global central banks are increasingly concerned that stablecoins threaten traditional banking systems, monetary policy effectiveness, and financial sovereignty. As adoption grows, regulators are shifting focus from investor safety to systemic risks and control over payment infrastructure.
