Sector Regulation Sector Regulation

Growth of cryptoassets an emerging threat to financial stability, ECB warns

By Fiona Maxwell
  • 24 May 2022 13:41
  • 24 May 2022 13:41
The volatile cryptoassets market will threaten financial stability if it keeps growing and involving more financial institutions, the European Central Bank cautioned today.
The ECB has warned in a report that interconnectedness between the virtual assets sector and the wider financial system has been growing fast, and while risks to

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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