The rapid growth in cryptocurrencies such as stablecoins and decentralized finance [deFi] is an “important potential emerging vulnerability” according to a Friday report released by a US leading regulatory group called The Financial Stability Oversight Council or FSGOC. In their annual report, the Financial working group brought into focus some key issues pertaining to the stablecoins and […]
Financial Group sees cryptocurrency as a risk factor to economic stability; Here’s why
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