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21 Articles
The president of the Bank of the Netherlands, Klaas Knot, warned that the crypto-assets market could become a serious threat to the financial system that puts financial stability in check.During his participation in the 5th Conference on Financial Stability organized by the Bank of Spain (BdE), the president of the Financial Stability Council (FSB), has pointed out that recent events suggest that we might be facing a "turning point." Knot has hi…
Warning! Crypto al Borde de Gran Cambio The integration of cryptocurrencies with the traditional financial system has prompted the Financial Stability Council (FSB) to issue a crucial warning: systemic risk is rising. At this intersection between the crypto world and traditional finance, challenges are growing along with opportunities. Are we really prepared for what is coming? FSB and its Systemic Risk Warning FSB has pointed out that the growi…
FSB warns crypto nearing ‘tipping point’ as ties to TradFi deepen - WorldNL Magazine
The Financial Stability Board (FSB) is sounding the alarm on growing risks from the crypto sector, warning that interlinkages with traditional finance are nearing a critical threshold.Speaking in Madrid on Thursday, outgoing FSB Chair Klaas Knot said that while crypto does not yet pose a systemic risk to traditional finance, that status may not last much longer. “We may be approaching a tipping point here,” he said.Knot noted that entry barriers…
FSB Chief: Crypto Nears Tipping Point in Financial System Integration - Coin Surges
Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding systemic implications of crypto assets during a keynote address at a […] Read Entire Article The post FSB Chief: Crypto Nears Tipping Point in Finan…
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FSB Chief: Crypto Nears Tipping Point in Financial System Integration
Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding...
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