Standards Setter Warns On Unregulated Crypto-Assets

By Dawood Fakhir (May 11, 2022, 2:05 PM BST) -- A global standards setter warned on Wednesday that the Russia-Ukraine war has increased concerns that the market for crypto-assets largely remains unregulated even as the links between the digital sector and traditional financial markets are growing.

Klaas Knot, chairman of the Financial Stability Board, said that the international body — which makes recommendations about the global financial system — had warned major governments a week before the Russian invasion of Ukraine about the latest risks posed by cryptocurrencies to financial stability.

Knot, who is also the president of De Nederlandsche Bank, highlighted some challenges posed by the crypto-assets in his keynote...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!