BIS Warns Indebted Nations Of Sudden Loss Of Market Confidence

The post BIS Warns Indebted Nations Of Sudden Loss Of Market Confidence appeared first on Coinpedia Fintech News The Bank of International Settlements warned heavily indebted nations on Sunday of a risk of sudden loss of market confidence, validating the long-standing concern in the crypto market. The BIS in an annual report published Sunday stated that ‘confidence could quickly crumble if economic momentum weakens and an urgent need for public spending arises on …