Tag: international

A few weeks ago the Bureau of International Settlements (BIS) warned that they’re unable to audit something like 80 trillion in foreign exchange swaps. Could ethereum help solve this problem in the future? : ethereum

See this article from Reuters: https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/https://www.bloomberg.com/news/articles/2022-12-05/-missing-65-trillion-in-derivatives-dollar-debt-sparks-concern?srnd=premium&leadSource=uverify%20wallBasically when a financial institution wants to invest in another country, they have to carry ...

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