Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto
Second article in a series about risks we’re thinking about during these crypto down days. Source
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Crypto Popularity Could Pose Stability Risk, EU Watchdog Warns, as It Ponders New Powers
Fintech firms could soon face the kind of caps on lending that banks face when markets like housing overheat, the European Systemic Risk Board said. Source
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Tokens pose lesser risk than gold and oil for UK investors: Survey
A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance — driven by factors such as ease of access and an adolescent crypto market. Among the 2000 UK residents that were surveyed by OnePoll via Tokenise, 81%
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Fake alert! New projects pose as prominent brands to lure crypto investors
Creating a new crypto project is dangerously easy: One needs to generate a token, pick a ticker, market it to the crypto community through coin information websites such as CoinMarketCap or CoinGecko, and then get it listed on decentralized exchanges or the thousands of new centralized crypto exchanges that will
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Crypto Could Soon Pose Risks to Countries’ Financial Stability – Regulation Bitcoin News
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the
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Airdrop culture could pose integral threat to DeFi industry
EtherWrapped, a project designed to provide a yearly summary of users nonfungible token (NFT) activity, launched a little over eight hours ago to palpable fanfare within the crypto community. The website detailed a plan to airdrop YEAR tokens based upon quantitative engagement statistics in users' MetaMask wallet, or in simpler terms,
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BOE Says Growth of Crypto Could Pose Risks for Financial Stability
Crypto assets currently pose limited risks to the stability of the U.K. financial system, the Bank of England said in its Financial Stability Report, released Monday. But their pace of growth means they could become more dangerous as they become increasingly linked to wider financial networks. Source
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Stablecoins Like Tether Could Pose New Risks to Securities Markets, Warns Fitch
“We believe it will not directly affect the CP market due to the government-securities focus of Diem’s declared reserve allocation plan, but alternative allocation strategies remain possible and, depending on its scale, the operator may become an important participant in other short-term markets,” Fitch said. Original Source
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Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System – Regulation Bitcoin News
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described. Crypto Poses Limited
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True Decentralized Projects Pose a Challenge to Crypto Regulation – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.” SEC
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