According to The Financial Stability Board, the growing appetite of large institutions and VC firms for cryptocurrency exposure could prove counterproductive not only for said financial giants but for...
Tag: FSB
Preemptive Measures Needed to Regulate Crypto Market, FSB Says
Regulators need to prepare measures in advance to bring the crypto market to obey rules and regulations, as risks from the sector could grow quickly, a risk monitoring watchdog for the G20 economies s...
Crypto Could Have ‘Destabilizing Effect’ on Financial Sector: FSB
In brief Klass Knot, the Dutch central bank governor and FSB chair, thinks that crypto assets create risks for the global financial system. The Financial Stability Board is an organization that recomm...
FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi
The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocur...