G20 Says Cryptocurrency Not A Threat To Global Financial Stability

Channel:

Altcoin Buzz

Subscribers:

470,000

Published on March 19, 2018 1:53:38 AM ● Video Link: https://www.youtube.com/watch?v=0kuDy0Kol0s

Duration: 7:19

17,468 views

604

In an unexpected turn of events, the Financial Stability Board of the G20 noted that "The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time."

This came at a time when the market was near the weakest it had been in months, and anything overtly negative may have sent it spiraling further into a tailspin.