BigTech’s Foray into Cryptocurrency and Digital Payments Could Destabilize Global Finance

BigTech’s Foray into Cryptocurrency and Digital Payments Could Destabilize Global Finance
фото показано с : btcmanager.com

2019-12-10 02:00

The Financial Services Board (FSB) has issued a report highlighting the potential impact of large tech firms participating in the crypto and digital payments arena. As part of its report, the FSB is calling for robust monitoring of the trend while issuing warnings related to the stability of the global financial architecture.

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IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.

2018-10-9 18:00