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Recommended Watch: Have You READ THIS!? The DeFi Crypto Regulation THEY Want!! (youtube.com)
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πŸ“ΊEssential VideosπŸ“Ί

BIS CBDC Report πŸ‘‰ https://youtu.be/7Lu0uhrueWI
Blockchain Analytics Companies πŸ‘‰ https://youtu.be/KR5_6uVBRDU
ESG Explained πŸ‘‰ https://youtu.be/zVxiFEzCp2U
Vitalik’s Soulbound NFTs πŸ‘‰ https://youtu.be/Fu4lrv47c0g
CBDCs vs Cryptocurrencies πŸ‘‰ https://youtu.be/Vb1Y760Sazc
Crypto Lobbying Groups πŸ‘‰ https://youtu.be/qCg5ujL9n4g
Polkadot Updates πŸ‘‰ https://youtu.be/H7S5k5jWp48

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⛓️ πŸ”— Useful Links πŸ”— ⛓️

β–Ί BIS Board of Directors: https://www.bis.org/about/board.htm?m...
β–Ί BIS Management: https://www.bis.org/about/officials.htm
β–Ί Embedded Supervision Paper: https://www.bis.org/publ/work811.htm
β–Ί About Raphael Auer: https://www.bis.org/author/raphael_au...

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- TIMESTAMPS -
0:00 Intro
1:35 What is the BIS?
5:40 Abstract
7:03 Introduction
12:00 Embedded Supervision
15:00 Transaction Finality via Regulation
16:48 β€˜Benefits’ of Embedded Supervision
18:13 Conclusion
19:54 What Does It Mean For Crypto?
22:36 Outro

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Defi #crypto #BIS #Blockchain #Regulation
    • 1
    Francisco Gimeno - BC Analyst Regulation at the protocol level for decentralised products. This is what BIS is proposing. This is a big no, no. It's stunning. BIS (Bank for International Settlements) is also called the Central Bank of the Central Banks. So, even without being conspiranoic, it's like the tradicional financial system big players trying to control the new reality, the digital revolution, first through CBDC and now proposing regulations which control DeFi protocols in a such way they control everything This is what the digital revolution tries to avoid. The 4th IR is coming to empower and distribute, not to again centralise and put the power in the hands of the same people. It's supervision, which in principle should not be bad, but a supervision where even governance needs to be controlled by them. They are very clear on what they want. Scary. Thanks to Guy we are now informed. The big ones don't want to be threatened by the new paradigm. They will, with time, fail, but the fight can be long.