Cryptocurrency Reaching Systemic Risk “Tipping Point,” Warns FSB Chair

The rise of cryptocurrencies and their deepening integration with traditional financial systems have raised alarm bells at the highest levels of global financial oversight. In a stark warning made in Madrid, Klaas Knot, the outgoing chair of the Financial Stability Board (FSB), cautioned that the… Read More
Read more in: Blockchain & Digital Assets | Tagged cryptocurrency, fsb, stablecoins, systemic risk