Crypto assets, stablecoins pose risk to global financial stability: FBS
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The rapidly growing crypto market could pose a threat to global financial stability, according to a Financial Stability Board (FSB) report published on Wednesday. Fast facts The FSB, an international…
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Finance ministers from the Group of Seven (G-7) urged the Financial Stability Board (FSB) to accelerate crypto regulations following the downfall of the Terra blockchain and its terraUSD (UST)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…