G20 Says Cryptocurrency Not A Threat To Global Financial Stability

17,351 Views · Posted 6 years ago
In an unexpected turn of events, the Financial Stability Board of the G20 noted that "The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time."

This came at a time when the market was near the weakest it had been in months, and anything overtly negative may have sent it spiraling further into a tailspin.

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