? Want to work with us? CryptoSlate is hiring for a handful of positions! The Federal Reserve views stablecoins as an area of concern due to the recent strain on the digital assets, noting that this h...
Tag: Fragilities
Federal Reserve highlights ‘structural fragilities’ in stablecoin market in new report
The US Federal Reserve is pointing to the recent collapse of TerraUSD and other algorithmic stablecoins as examples of financial stability risks. In its June 17 monetary policy report, the Fed noted ...
Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve
The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market. In its Monetary Policy Report released on Friday, the board of...
US Banking Regulator Issues Crypto Warning, Says Terra (LUNA) Collapse Exposed Three Industry ‘Fragilities’
The head of the Office of the Comptroller of the Currency (OCC) is reiterating the risks of investing in crypto assets following the Terra (LUNA) collapse. In a new interview on Yahoo Finance Live, OC...