Re: G20Meeting: "Crypto-assets do not pose risks to global financial stability"
Source: https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF
Do you think the market is responding to this? ETH and BTC both went up recently, even though the article reads more like FUD.
"For now, crypto-assets dont pose risks to financial stability, partly because they are still small relative to the financial system. Even at their recent peak, their combined global market value was less than 1 percent of global economic output, the FSB said.
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Thoughts?
Do you think the market is responding to this? ETH and BTC both went up recently, even though the article reads more like FUD.
"For now, crypto-assets dont pose risks to financial stability, partly because they are still small relative to the financial system. Even at their recent peak, their combined global market value was less than 1 percent of global economic output, the FSB said.
"
Thoughts?
Frankly speaking I haven't supposed anything great, new and fundamental from G20. Though they talk a lot it doesn't have much influence and very seldom comes to actions
