The high-profile bankruptcy of cryptocurrency trading platform FTX this month, or the storm in the UK bond market after former prime minister Liz Truss’s “mini-budget” at the end of September, are warning signs of a broader financial crisis. destabilization? We are not there yet. Nevertheless, “Financial stability risks have increased”. it is said in the report of the European Central Bank (ECB) published on Wednesday.
The collapse of a major player in crypto assets, which some have compared to Lehman Brothers in 2008. “no surprise” according to ECB Vice President Luis de Guindos, however “speed” How the internal volatility of these markets has spilled over into a company born into this ecosystem is amazing. At this stage, there is no risk of contagion outside of the cryptocurrency environment, he said.
That said, the potential existence of waves “dark” spread…
Source: Le Figaro
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.