scorecardresearchECB warns crypto markets pose financial stability risks

ECB warns crypto markets pose financial stability risks

Updated: 12 Jul 2022, 01:27 PM IST
TL;DR.
Crypto-asset markets thus need to be effectively regulated and supervised, the ECB said in an article titled 'A deep dive into crypto financial risks: stablecoins, DeFi and climate transition risk'.
(FILES) In this file photo taken on June 15, 2022 The headquarters of the European Central Bank (ECB) is pictured in Frankfurt am Main, western Germany. - The European Central Bank should only use a planned tool to fight elevated borrowing costs in the eurozone in exceptional circumstances, the head of the Bundesbank said on July 4, 2022. (Photo by Daniel ROLAND / AFP)

(FILES) In this file photo taken on June 15, 2022 The headquarters of the European Central Bank (ECB) is pictured in Frankfurt am Main, western Germany. - The European Central Bank should only use a planned tool to fight elevated borrowing costs in the eurozone in exceptional circumstances, the head of the Bundesbank said on July 4, 2022. (Photo by Daniel ROLAND / AFP)