FSB Look Into Volatility Threats Posed By Bitcoin

FSB Look Into Volatility Threats Posed By Bitcoin
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-7-18 23:00

The Financial Stability Board (FSB) have recently stated they want to look into possible volatility threats posed by the likes of Bitcoin. The Switzerland-based Financial Stability Board stated on Monday that the digital currencies have raised concerns regarding the protection of users and the investors since there it little known about banks exposure to them.

The FSB deal with the coordination of financial regulations for twenty economies and have said that they want to look into how the risks from virtual currencies, such as Bitcoin, could spread to other sections of the ‘financial system’.

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