Cryptocurrencies: the American authority warns about the dangers to financial stability
IN SHORT Financial regulators warn about the risks of cryptocurrencies. Stablecoins considered a threat to financial stability. Call for an adequate regulatory framework by the Financial Stability Board. Importance of connections with the global financial system. Call for legislation to strengthen risk management. Potential consequences of a lack of regulation on the economy. In a constantly evolving economic context, cryptocurrencies are generating increasing interest but also growing concerns from regulators. Recently, the U.S. authority sounded the alarm regarding the potential implications of crypto-assets on the country’s financial stability.
