Growth of crypto as an asset class “may challenge any framework” for financial stabilityGrowth of crypto as an asset class “may challenge any framework” for financial stability Mooncatchermeme

The growth of cryptocurrencies as an asset class “may challenge any framework” for financial stability, according to remarks from the chair of the Financial Stability Board (FSB) on Feb. 10. Speaking at a Bank of International Settlements’ (BIS) special governors meeting in Hong Kong, FSB chair, Randal K. Quarles, stated that the FSB “decided to undertake a ...