Tagged: systemic risk

ESRB Report Outlines Policy Recommendations to Regulate and Mitigate Systemic Risk of Crypto Industry

May 26, 2023 @ 9:15 am By JD Alois |

The European Systemic Risk Board (ESRB) has published a report providing a succinct outline of the global digital asset industry while outlining policy recommendations to regulate crypto and decentralized finance (DeFi). Similar to other reports, the ESRB views crypto as not systemically risky while noting… Read More

Stablecoin Report: Greater Risks Posed by Stablecoins Using Only Fractional Reserves or Higher-Risk Asset Allocations

July 4, 2021 @ 6:49 pm By Omar Faridi |

The dramatic growth of stablecoin issuance may eventually have implications for the overall functioning of short-term credit markets, according to Fitch Ratings. The statement by Fitch follows comments late last month by Boston Federal Reserve President Eric Rosengren stating that Tether is a looming risk for… Read More