New Report From Fed: Cryptocurrencies Are No Longer In The 10 Risks That Threaten Financial Stability

According to the report of the US Federal Reserve (FED), cryptocurrencies, especially Bitcoin (BTC) and Ethereum (ETH), are no longer among the 10 most emphasized risks.

FED November 4 In the Financial Stability Report published on its official website on top 10 risks He said he was out.

Among the risks Russia and Ukraine While the ongoing conflicts between persistent inflation placed second. third place a possible adjustment to risk assets It was about 9 rows above the cryptocurrencies, the probability of which is seen as a risk asset. Cryptocurrencies and stablecoins among 14 risks. 11th place settled down.

According to the survey, the view of the financial community towards cryptocurrencies is largely positive Although the Fed has changed to cryptocurrencies, conservative maintains its position.

The Central Bank reported that some of the digital assets useful innovations and products However, based on recent events, it can be compared with traditional risk assets. similar pointed out the risks involved. The Fed is on its way regulatory environment of the creation the continuity of financial stability for essential underlined that.

in the report Ripple (XRP), Cardano (ADA), BNB, Ethereum (ETH), Bitcoin (BTC) and other cryptocurrencies changes in market values attention was drawn. Also in the report, the market values ​​of stablecoins since April 2022 around 22% decrease and almost half of this decrease TerraUSD (UST) reported to have collapsed.

The central bank says cryptocurrencies have lost quite a bit of value lately, but speculation and risk appetite digital assets main driving force He claimed it looked like

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