A new study conducted by the Bank of International Settlements (BIS) has shed light on the true extent of Bitcoin’s impact on cross-border payments, revealing that its significance may be even greater than previously believed.
According to a report by Reuters, the findings challenge conventional assumptions and underscore the growing relevance of Bitcoin in the global financial landscape.
Conducted by the organization’s test lab, the study sought to comprehensively examine Bitcoin’s role in cross-border transactions. While public data often provides a partial view of cryptocurrency activities, this study utilized a novel approach, including the development of a new „global Bitcoin mapping system” that also reportedly incorporates non-public data from private companies.
Details about the proprietary system were not provided by the report. Notably, however, it did acknowledge that its data is likely imperfect given it remains possible to use Bitcoin anonymously and without identific
We współpracy z: https://bitcoinmagazine.com/legal/bitcoin-cross-border-payments-substantial-bis-study
