Source: BISThe report calls for targeted stablecoin regulation on stability and reserve asset requirements that will guarantee the redemption of stablecoins for US dollars during “stressed market conditions.”Lyn Alden lowers Bitcoin forecast after “tariff kerfuffle,” eyes liquidityMacroeconomist Lyn Alden expects Bitcoin to finish 2025 higher than its current price of around $85,000, though she says it would have been much higher if not for US President Donald Trump’s tariff announcement in February.“Before all this tariff kerfuffle, I would have had a higher price target,” Alden told Natalie Brunell on the April 17 episode of Coin Stories.“My guess is that we end up higher at the end of the year than we are now, at least,” she added.
In an April 15 report, the BIS warned that the number of investors and amount of capital in crypto and decentralized finance (DeFi) have “reached a critical mass,” with investor protection becoming a “significant concern for regulators.”The size of the crypto market signals that authorities should be worried about the “stability of crypto over and above the role it may have for TradFi and the real economy,” the report states, highlighting the role of stablecoins, which the BIS said have “become the means through which participants transfer value within crypto.”BIS report on crypto and DeFi’s functions and financial stability implications.
Today in crypto, a new report from the Bank for International Settlements (BIS) warns that crypto and stablecoins may destabilize finance and widen inequality, Lyn Alden shared her current outlook on Bitcoin, and US federal prosecutors continue their case against SafeMoon’s CEO.
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