Crypto Asset Markets Could Pose 'threat To Global Financial Stability'

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• 2 min read

The report also drew particular attention to concern over the place of crypto assets in emerging markets economies.
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The report also drew particular attention to concern over the place of crypto assets in emerging markets economies.

Crypto asset markets could pose a threat to global financial stability, as a result of their potential scale, structural qualities and increasing interconnectedness with the traditional financial system, according to a recent report by the Financial Stability Board (FSB).

According to the financial watchdog, the rapid evolution of crypto markets, combined with their geographical potential, could mean regulatory gaps, fragmentation and arbitrage in markets start to emerge....

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