The deputy governor of the

Crypto poses no big risk to economy so far, Bank of Canada

Bank of Canada Official: “Crypto Poses No Risk” - Watcher Guru

The deputy governor of the Bank of Canada, Paul Beaudry, recently stated that cryptocurrencies, in particular Bitcoin, pose no significant risk to the financial system.

Building on the settlement layer

The deputy governor stated that the Bank of Canada did not think that crypto is “developing in a way that creates a systematic nature of risk for a financial system” for now.

Crypto Doesn't Pose a Big Risk to the Economy So Far, Bank of

Building on the settlement layer, developers create various cryptoassets, including native tokens (e.g, ETH), stablecoins and non-fungible tokens (NFTs). Ethereum

Cryptocurrencies like Bitcoin do not

Canadian Bank official sees little economic risk in crypto

Cryptocurrencies like Bitcoin do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada deputy governor Paul

Las criptomonedas como Bitcoin no representan ningún riesgo significativo para el sistema financiero en su nivel actual de adopción, según el vicegobernador del Banco

According to the deputy governor

According to the deputy governor of the Bank, crypto does not realise ways to create dangers to the financial systems because they are not connected to the economy.

Cryptos Do not Pose Massive Risks to Financial System, Says Bank

Las criptomonedas no representan un gran riesgo para la

The evolution of cryptocurrencies such

Decentralized finance: Innovations and challenges - Bank of Canada

tldr; Bank of Canada Deputy Governor Paul Beaudry said cryptocurrencies like Bitcoin pose no significant risk to the financial system at their current level of adoption. He added that

The evolution of cryptocurrencies such as bitcoin bears close watching for any threats to the financial system that could arise from more widespread use, although

Bank of Canada: Bitcoin needs watching but no threat now