A report published by the Financial Stability Board (FSB) on Wednesday, claimed that cryptocurrencies do not pose a risk to global financial stability at the present time while suggesting crypto markets need to be monitored.
The report, which focuses on an assessment of the likely implications of crypto-assets for financial stability is a follow-up on an initial assessment carried out in the FSB Chair’s March 2018 letter to G20 Finance Ministers and Central Bank Governors. It also serves as a follow-up to a review of work by standard-setting bodies on crypto-assets published by the FSB in July.
Not a Threat Now, But Should be Monitored
https://www.ccn.com/cryptocurrencies-pose-no-risk-to-global-financial-stability-international-watchdog/
