The Financial Stability Board is concerned about the growth of cryptos

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The market capitalization of crypto-assets has been increased by 3.5 times to $2.6 trillion by 2021. (Photo: Ivan Babydov- Pexels)

According to the Basel-based grouping of financial authorities, the market could become a threat to financial stability, particularly because of its increasing interconnection with the traditional financial system and the low level of understanding among investors. The FSB is calling for a rapid and preventive assessment of possible policy responses. While the industry...

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