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Cryptocurrency technology can pose financial-stability and antitrust risks, FSB says

( June 6, 2019, 09:00 GMT | Official Statement) -- MLex Summary: Decentralized financial technology that underpins virtual currencies such as Bitcoin may entail risks to financial stability and pose competition risks, says a report from the Financial Stability Board. Authorities and regulators should begin conversations to mitigate issues such as legal liability, consumer protection and concentration of ownership, the global watchdogs said.EMBARGO: ...

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