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​​Crypto-assets bear watching but pose no systemic risk, FSB says in 2018 priorities

( March 18, 2018, 20:14 GMT | Official Statement) -- MLex Summary: Cryptocurrencies and related assets will remain on watch but pose no threat to global finance so far, the Financial Stability Board said. Among other work this year, the FSB said authorities will develop tools to prevent misconduct, draft a cybersecurity lexicon and produce methods for measuring leverage at funds. The international regulatory coordinating body also said it’s shifting focus to evaluating past initiatives, while reviewing its own operations.The following is the text of the statement. Click the attachment at bottom for the full letter....

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