European Securities and Markets Authority: cryptocurrencies are "unstable" but innovative

2021-9-10 13:57
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Golden Financial reported that the European Securities and Markets Authority issued a statement on financial markets and risks last week. You have reached the top of the score. The price of most crypto assets (CAs) is volatile and operates outside of existing EU policy, causing concern among traders. This 110-page report, titled “Peculiarities, Risks and Vulnerabilities”, treats cryptocurrencies as new financial exchanges and threatens them with “spikes” in environmental rates (especially those involving “spikes”) to financial stability. . According to the report, the volatility of crypto assets and the rise of financial management (DeFi), digital currency banking (CBDC) and the stable coin have increased risk on all assets. (Parts office)

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