As previously indicated, the Committee is of the view that the growth of crypto-assets and related services has the potential to raise financial stability concerns and increase risks faced by banks.
Before the G20 financial track, the FSB published an insightful report titled“Decentralized financial technologies: Report onfinancialstability, regulatory and governance implications.”.
為替レートの変動は,成長と金融の安定性に対するリスクを生む。
Exchange rate volatility creates a risk to growth and financial stability.
一方、FSB自体は仮想資産の成長が金融の安定性に与えるリスクの初期評価実施に関わっていた。
Meanwhile, the FSB itself was involved in conducting an initial assessment of the risks posed to financial stability by the growth of crypto-assets.
Especially welcome topics include global financial stability, trade imbalances and agreements, adjustment to globalization, climate change and adaptation, and poverty and inequality.
We agree that regional co-operation through intensified surveillance can help contribute to financial stability by strengthening the policy framework at the national level.
Lastly, the central bank assesses the implications of crypto assets for monetary policy, identifies their risks to financial stability, and establishes related payments system policies if required.
Growth and Sustainable Development: Especially welcome topics include global financial stability, trade imbalances and agreements, adjustment to globalization, climate change and adaptation, and poverty and inequality.
Unless we demonstrate a strong commitment to fiscal sustainability in the longer term, we will have neither financial stability nor healthy economic growth," Federal Reserve Chairman Ben Bernanke recently told Congress.
Representatives of the German Federal Government have stated that cryptocurrencies do not pose a threat to financial stability, Cointelegraph auf Deutsch reports today, June 12.
By participating in the development of international regulatory standards, the Federal Reserve can influence the standards in ways that promote the financial stability of the United States and the competitiveness of U.S. firms.”.
The committee stated that the growth could result in financial stability issues as well as double the current financial risks that banks have to deal with on a daily basis.
We agree that regional co-operation through intensified surveillance can help contribute to financial stability by strengthening the policy framework at the national level.
Euro-area countries will do whatever is necessary to resolve the euro-area sovereign debt crisis and ensure the financial stability of the euro area as a whole and its member states.
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