FSB Chair Says Cryptocurrencies Don’t Pose Risk to the Global Financial Market

[Vladar49]

Bank of England governor Mark Carney stated in a letter to representatives of the G20 that cryptocurrencies do not pose any possible threat to the financial market. Carney, being a chairman of the Financial Stability Board (FSB), rejected the perspective of putting regulation on digital currencies, such as Bitcoin.

"The FSB's initial assessment is that crypto-assets do not pose risks to global financial stability at this time," – Mr Carney said in a letter to G20 central bankers who will meet in Buenos Aires this week.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrencies-d ... al-market/