Links between crypto, TradFi nearing tipping point
The outgoing chair of the Financial Stability Board (FSB), Klaas Knot, has warned that interconnections between the digital asset sector and traditional finance (TradFi) are nearing a “tipping point,” creating potential risks.
The FSB Plenary, the decision-making body of the FSB—an international organization that monitors and makes recommendations about the global financial system—met in Madrid on June 11 to discuss key priorities for global financial stability.
Speaking at the event,…
