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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

The Financial Stability Board (FSB) report highlights the potential risks of multifunction crypto-asset intermediaries (MCIs) in crypto-asset markets, stating financial stability threats are limited.

by Zach Anderson
Nov 29, 2023

CRYPTOCURRENCY

The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

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