FSOC warns stablecoins remain a 'potential risk' to financial stability

2024-12-8 05:41

In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”

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Источник: cointelegraph.com

FSOC urges Congress to pass stablecoin legislation to stabilize global finance

Key Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and lack of appropriate regulatory frameworks are critical challenges. Urges comprehensive federal regulation of stablecoins due to their systemic risks.

FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant market concentration, according to its 2024 annual report.

FSOC warns stablecoins remain a 'potential risk' to financial stability

2024-12-8 05:41

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FSOC urges Congress to pass stablecoin legislation to stabilize global finance

2024-12-8 14:45

FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

2024-12-8 03:00

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2024-12-8 14:45	News
stablecoins fsoc urges regulatory frameworks appropriate concentration

2024-12-8 03:00
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