Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil
The standard-setter called for crypto companies to adapt after the tumult and scandals of the past year.
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Jul 17, 2023 at 7:00 a.m. UTC
Jul 17, 2023
Financial Stability
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Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said.
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May 25, 2023 at 9:24 a.m. UTC
May 25, 2023
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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
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Jan 4, 2023 at 5:11 p.m. UTC
Jan 4, 2023
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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.
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Oct 26, 2022 at 6:03 p.m. UTC
Oct 26, 2022
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Fed’s Michael Barr: Crypto ‘Unlikely' to Grow Into Money Substitutes
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event, noting that crypto is "unlikely to grow into money substitutes and become a viable me...
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Oct 12, 2022 at 9:00 p.m. UTC
Oct 12, 2022
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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.
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Oct 7, 2022 at 3:56 p.m. UTC
Oct 7, 2022
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Unregulated Crypto Could Bring Risks to Financial Stability: FSOC
The Financial Stability Oversight Council warned that cryptocurrencies could pose risks to U.S. financial stability if they “were to grow without adherence to or being paired...
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Oct 4, 2022 at 4:33 p.m. UTC
Oct 4, 2022
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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
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Oct 4, 2022 at 8:30 a.m. UTC
Oct 4, 2022
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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.
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Jul 26, 2022 at 1:00 p.m. UTC
Jul 26, 2022
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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.
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Jul 5, 2022 at 11:48 a.m. UTC
Jul 5, 2022