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Waller does not address monetary policy or the economy in his comments

Waller does not address monetary policy or the economy in his comments

Waller keeps his comments to digital assets:

  • Crypto asset buyers don't be surprised if a value goes to zero, don't expect taxpayers to pay for losses
  • Banks engaging with crypto customers must meet know-your-customer, anti-money laundering requirements
  • Spillovers minimal so far to financial system from crypto industry stress
  • It is critical to ensure financial stability risks associated with crypto assets are mitigated

Not much importance in those... Read More

Posted: Feb 10 2023, 17:40
Author Name: forexlive
Views: 101936

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