Скачать или смотреть Crypto Sector: No Immediate Risk but Caution Needed - ESRB

Crypto industry is currently not a threat to the traditional economy, says the European Systemic Risk Board (ESRB). But with crypto's volatile nature & rapid growth, they urge caution.

The ESRB suggests improved monitoring tools & stricter regulations for leveraged trading and crypto-asset lending.

It's a complex dynamic between crypto & traditional finance, & vigilance is key to preventing shocks.

IOSCO suggests treating cryptos like traditional assets while the UK suggests treating crypto trading like gambling.

It will be interesting to see how these divergent regulatory approaches play out!
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Links:
EU watchdog does not deem crypto link to TradFi ‘significant’ to pose systemic risk yet -
https://cryptoslate.com/eu-risk-watch...

Crypto Leverage ‘Is Only a Problem’ When it Impacts Traditional Finance: EU Watchdog -
https://decrypt.co/142355/crypto-leve...

IOSCO Calls For Convergence of Crypto And TradFi Rules -
https://insidebitcoins.com/news/iosco...
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#crypto #ESRB #IOSCO #UKTreasury #regulation #bitcoin #stablecoins #lastweekincrypto #lastweekincryptonews