The BIS' justification is to crack down on illegal money laundering by anyone but itself. The hypocrisy is stunning: the BIS itself is largest money laundering operation in history. It is crushing its competition as well as preparing for the global network of Central Bank Digital Currencies, to be orchestrated by the BIS of course. As revealed in my book. The Evil Twins of Technocracy and Transhumanism, the BIS sits at the apex of global control, the Great Reset and scientific dictatorship, aka Technocracy.
Source