Fed-ordförande Jerome Powell avfärdar kryptovalutor som oro för finansiell stabilitet men varnar för att de är riskabla

Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They're Risky

Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. i alla fall, he noted that they are risky and “där’s big consumer issues for consumers who may or may not understand what theyre getting.

Fed Chair Powell Says Cryptos Are Risky but Currently Not a Financial Stability Concern

Fed Chairman Jerome Powell talked about cryptocurrency in a press conference Wednesday. Commenting on whether cryptocurrencies are a threat to the countrys financial stability, han sa:

I dont see them as a financial stability concern at the moment. I do think they are risky. De’re not backed by anything.

“Jag tror där’s big consumer issues for consumers who may or may not understand what theyre getting,” Powell continued, adding thatThere are certainly developments in the markets that are worth following, which are really not in our jurisdiction.

Powell also discussed stablecoins. He noted that he supports the view expressed in the Presidents Working Groups report, which recommends stablecoin issuers be regulated like banks.

Noterar att “Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if theyre properly regulated,” the Fed chair stressed thatRight now, they arent.Powell concluded:

They have the potential to scale, particularly if they were to be associated with one of the very large tech networks that exist.

Denna vecka, the Bank of England issued a financial stability report stating that crypto assetscurrently pose limited direct risks to UK financial stability.” i alla fall, the report warns thatthey will present a number of financial stability risks if they continue to grow at their current rapid pace, and as they become more interconnected with the wider financial system.

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