Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    India Considers Creating Strategic Bitcoin Reserve, Officials Propose

    US Initiates Strategic Bitcoin Reserve Policy via Executive Order

    U.S. Government to Accumulate Bitcoin for Strategic Reserve

    MEGA MATRIX Purchases 12 Bitcoin for $1.27 Million

    Metaplanet Surpasses Tesla in Bitcoin Holdings

    Bitcoin Predicted to Hit $250K by 2025, Says Arthur Hayes

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Whale Accumulation Propels Pepe Coin Potential Price Surge

    Ripple’s Court Setback Causes XRP Price Dip

    Ethereum Approaches Golden Cross, Analyst Eyeing $3,000 Price Target

    Judge Rejects Ripple-SEC Joint Motion in XRP Case

    Bit Digital Shifts Focus to Ethereum Staking

    Coinbase Introduces Wrapped Cardano and Litecoin on Base

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

CoinFund President Criticizes BIS Crypto Report

Solomon M. by Solomon M.
April 20, 2025
in Latest News
Key Points:

  • CoinFund challenges BIS over DeFi policy recommendations.
  • Christopher Perkins leads the criticism.
  • Minor impact on cryptocurrency markets.

coinfund-president-criticizes-bis-crypto-report
CoinFund President Criticizes BIS Crypto Report

Christopher Perkins, President of CoinFund, criticized the Bank for International Settlements (BIS) for its April 15 report on DeFi. Perkins argues that the BIS recommendations are uninformed and potentially dangerous to the crypto industry.

Perkins’s critique highlights a growing tension between traditional financial bodies and the evolving DeFi sector. Despite vocal criticisms, the crypto market shows little immediate reaction, underscoring a resilience against policy discussions.

BIS DeFi Report Overview

The BIS released a report on April 15 targeting DeFi risks such as information asymmetries and market inefficiencies. Christopher Perkins of CoinFund responded by calling the recommendations uninformed and dangerous. Perkins, a significant figure in crypto, stressed transparency and financial inclusion as essential benefits of DeFi. The critique underscores a disconnect between traditional financial perspectives and the DeFi community’s views.

“Many of their recommendations and conclusions—perhaps due to a mix of fear, arrogance or ignorance—are completely uninformed and frankly, dangerous. If implemented they will cause—not mitigate—the systemic risk they seek to prevent.” – Christopher Perkins, President, CoinFund, The Block

Market impacts from the BIS report remain minimal, with Bitcoin and Ethereum showing modest gains. No notable total value locked (TVL) shifts were observed in major DeFi protocols. Historical precedents suggest similar reports have not led to substantial market movements unless accompanied by regulatory actions.

Market Reactions

The BIS report calls for embedding regulations within smart contracts to manage financial risks. Perkins argues such measures ignore DeFi’s transparency and self-regulating attributes, while benefiting emerging markets with stablecoin adoption. Market participants largely view the BIS critique as an ongoing discussion rather than a catalyst for change.


Previous BIS reports in 2021 and 2023 yielded subdued market reactions, suggesting that without concrete regulatory enforcement, these reports primarily generate discourse rather than market upheaval. Accordingly, liquidity and TVL remain stable amidst the latest BIS commentary.

Previous Post

CoinFund President Criticizes BIS Crypto Report

Next Post

Crypto Market Insights: XRP, Bitcoin, Ethereum Analysis

Solomon M.

Solomon M.

Related Posts

Senate to Unveil CLARITY Act Draft by August Recess

by Solomon M.
June 26, 2025

Senate prepares to introduce the CLARITY Act draft, led by Senator Cynthia Lummis, before the August recess.

Hong Kong’s New Stablecoin Policy Unveiled

by Solomon M.
June 26, 2025

Hong Kong unveils policies for stablecoin regulation starting August 2025, impacting crypto markets.

Bit Digital Shifts Focus to Ethereum Staking

by Solomon M.
June 26, 2025

Bit Digital transitions from Bitcoin mining to focus exclusively on Ethereum staking and treasury management.

ASIC Investigates ASX After Blockchain Project Failure

by Solomon M.
June 26, 2025

ASIC probes ASX's abandoned blockchain project, examining possible failures in frameworks and practices.

AIXA Miner Launches Mobile Crypto Mining App

by Solomon M.
June 26, 2025

AIXA Miner's mobile app enables BTC, ETH, DOGE mining, offering AI-optimized earnings.

Bank of Russia Proposes Controlled Crypto Integration Plan

by Solomon M.
June 26, 2025

Bank of Russia submits plan to State Duma for phased crypto integration with focus on qualified investors and institutional structures.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.