Financial Stability

financial stability

Policy

TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse

Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits

By Jack Schickler

Jan 4, 2023 at 5:11 p.m. UTC

Jan 4, 2023

regulationsFTXFTX collapseFinancial Stability BoardFinancial StabilityConsumer Protection

Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission

Policy

Regulations

Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner

Christy Goldsmith Romero says CFTC oversight would be an answer to potential financial stability risks brewing in the industry.

By Jesse Hamilton

Oct 26, 2022 at 6:03 p.m. UTC

Oct 26, 2022

regulationsCFTCFinancial Stability

CDCROP: Global communication network (Yuichiro Chino/Getty Images)

Policy

Regulations

Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra

Financial-stability norms to be set out next week could seek to extend financial regulations to the crypto world - or could seek to go in a whole new direction.

By Jack Schickler

Oct 7, 2022 at 3:56 p.m. UTC

Oct 7, 2022

regulationsFinancial Stability BoardFinancial StabilityStablecoinsG20

CDCROP: European Union flag (Getty Images)

Policy

Regulations

EU's ESMA Raises Alarm Bells Over Growing Crypto Use as It Prepares for New Powers

The European Securities and Markets Authority is worried about consumer rip-offs as well as novel risks like hacks and consensus manipulation

By Jack Schickler

Oct 4, 2022 at 8:30 a.m. UTC

Oct 4, 2022

regulationsEUCryptoConsumer ProtectionHackFinancial StabilityESMA

CDCROP: Kristalina Georgieva of the IMF, which today published its analysis of global economic prospects (Clemens Bilan/Getty Images)

Policy

Regulations

IMF Says Crypto Sell-Off Won’t Hit Broader Financial Market

With the economic mood darkening, the Fund sees inflation and a recession as major risks – but not crypto market turbulence.

By Jack Schickler

Jul 26, 2022 at 1:00 p.m. UTC

Jul 26, 2022

regulationsIMFFinancial Stability

Policy

Regulations

Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion

The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.

By Camomile Shumba

Jul 5, 2022 at 11:48 a.m. UTC

Jul 5, 2022

regulationsUKBank of EnglandFinancial StabilityCrypto