The Financial Stability Board (FSB), a regulatory and policy go-between for national financial authorities and standard-setting bodies, has published a risk assessment of “crypto-assets and their markets,” and, among other factors, has identified key IT, operational and cyber-security pitfalls. In a new report on the subject, “Crypto-asset markets: Potential channels for future financial stability implications,”… Read More >>
BofE’s Carney Will Stay to Help with Brexit
The British Pound Sterling barely moved on the news that that Governor of the Bank of England (BoE) Mark Carney has decided not to stay for his full eight-year term, but will weather the Brexit storm. The currency is not only mired in the repeated attacks on the central bank’s independence and competency but also… Read More >>
