TY - BOOK
T1 - Financial stability implications of crypto-assets
AU - Steininger, Lea
AU - Adachi, Mitsutoshi
AU - Kördel, Simon
AU - Palligkinis, Spyros
AU - van der Kraaij, Anton
PY - 2018
Y1 - 2018
N2 - This box assesses potential financial stability concerns related to the rapidly growing market for crypto-assets. Crypto-assets (e.g. bitcoin, ether and ripple) are a new, innovative and high-risk digital asset class.21 Recent price developments and market interest in crypto-assets have given rise to concerns about potential financial stability implications. This box presents key facts on crypto-assets, concluding that they do not currently pose a material risk to financial stability in the euro area, but warrant careful monitoring.
AB - This box assesses potential financial stability concerns related to the rapidly growing market for crypto-assets. Crypto-assets (e.g. bitcoin, ether and ripple) are a new, innovative and high-risk digital asset class.21 Recent price developments and market interest in crypto-assets have given rise to concerns about potential financial stability implications. This box presents key facts on crypto-assets, concluding that they do not currently pose a material risk to financial stability in the euro area, but warrant careful monitoring.
UR - https://www.ecb.europa.eu/pub/pdf/fsr/ecb.fsr201805.en.pdf#page=70
M3 - Research report, expert opinion
BT - Financial stability implications of crypto-assets
CY - Frankfurt/Main
ER -