European Central Bank (ECB) President Christine Lagarde said that cryptoassets and decentralized finance (DeFi) could potentially pose a real risk to financial stability.
ECB President lagardecryptocurrency lending and staking platform Celsius NetworkOne week after . temporarily suspends all withdrawals US Parliament in his speech before him, calls for regulation for greater oversight of cryptocurrency lending.
EU across 2024 expected to come into effect by “Crypto-Asset Markets Directive” (MiCA) Emphasizing that there is already a need for a second regulatory framework in the rapidly developing sector, referring to the lagarde, MiCA II of the frame staking and lending activities more oversight stated that it should be covered.
MiCA II should definitely regulate the increasing cryptoasset staking and lending activities.
For now crypto- with traditional finance the link between annoyed who thinks he is lagarde also has the potential to pose a “real risk to financial stability”. DeFi ecosystem needs to be comprehensively addressed in the second regulatory framework, he said.
lagarde, cryptocurrencies last month. “no basis” and “of value” He said he wasn’t and called for their regulation.