BTCC
/
BTCC Square
/
Global Cryptocurrency
/
CoinFund President Criticizes BIS Crypto Containment Strategy
CoinFund President Criticizes BIS Crypto Containment Strategy
7
2
Christopher Perkins, president of CoinFund, has issued a strong disapproval of the Bank for International Settlements’ (BIS) recent paper on crypto. Perkins called its recommendations ’completely uninformed and frankly, dangerous.’ The BIS report acknowledges cryptocurrency’s growing importance but advocates for a containment approach to regulation. Perkins rejected this, stating that crypto is ’the new internet that provides anyone with access to financial services.’ No specific coins or exchanges were mentioned in the report or Perkins’ criticism.
By:
