binance left Huobi Global Coinmarketcap net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

‘Robust’, ‘Stable’ Are Not the Words To Describe DeFi, Crypto

Governor of the Bank of Spain said today’s crypto and DeFi cannot be linked with “robustness” and “stability.”Basel Committee is still uncertain...
‘Robust’, ‘Stable’ Are Not the Words To Describe DeFi, Crypto ‘Robust’, ‘Stable’ Are Not the Words To Describe DeFi, Crypto

    • Governor of the Bank of Spain said today’s crypto and DeFi cannot be linked with “robustness” and “stability.”
    • Basel Committee is still uncertain about how to deal with DeFi and cryptocurrencies.
    • In 2019, the committee released a paper discussing three guiding principles.

Today’s crypto assets have a long way to go before getting associated with words such as “robustness” or “stability,” says Bank of Spain Governor Pablo Hernández de Cos at the International Swaps and Derivatives Association (ISDA) annual meeting, saying it is still unknown if today’s DeFi and crypto ecosystem “will deliver net benefits to society or not.”

Chairman de Cos explained, on Thursday, that the Basel Committee jury is still uncertain on how to “best” deal with DeFi and cryptocurrencies despite a deeper understanding of the technology today.

“The jury is still out when it comes to ascertaining how best to harness their oft-cited promises and benefits while mitigating their risks and safeguarding financial stability.”

Before fully utilizing DeFi and crypto, de Cos explained that institutions should first explore how many existing problems can be better solved by existing financial architecture. He cited the G20 roadmap that was made to help enhance cross-border payments before cryptos got involved.

He also questioned how a decentralized financial system can be achieved in practice, since “some level of centralization is inevitable and structural aspects could lead to a concentration of power”.

Thirdly, the chairman suggested that the “noise” surrounding crypto should be filtered, pertaining to shilling and other bullish and bearish statements that could affect crypto prices.

“Most cryptoassets today cannot be associated with terms such as ‘robustness’ or ‘stability’,” stressed de Cos. “It’s not surprising to see that most central banks are exploring central bank digital currencies (CBDCs) as a potentially more promising route.”

To address the committee’s uncertainty of whether DeFi and crypto will deliver net benefits to society, de Cos reiterated its mandate to strengthen the regulation, supervision, and practices of banks worldwide.

In 2019, Basel Committee released a paper that discussed three high-level guiding principles. These were simplicity and caution, same risk, same activity, same treatment, and minimum standards.

Continue reading on CoinQuora

Hot Auto Trade Bot ig right nyse right Neteller Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
rakuten_main right top net_home_top Ai VIF Binance _ main right top fbs_main right top tifia_main right top
28-05-2022 02:43:39 (UTC+7)

EUR/USD

1.0730

+0.0006 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

EUR/USD

1.0730

+0.0006 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

GBP/USD

1.2629

+0.0036 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (2)

USD/JPY

127.07

-0.07 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.7157

+0.0059 (+0.83%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (0)

Sell (5)

USD/CAD

1.2722

-0.0050 (-0.40%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (4)

EUR/JPY

136.35

+0.01 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

1.0274

-0.0014 (-0.13%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (4)

Gold Futures

1,851.34

+3.74 (+0.20%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (8)

Silver Futures

22.096

+0.131 (+0.60%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.3225

+0.0635 (+1.49%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (2)

Sell (3)

Crude Oil WTI Futures

115.08

+0.99 (+0.87%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Brent Oil Futures

115.54

+1.37 (+1.20%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

Natural Gas Futures

8.742

-0.153 (-1.72%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (0)

US Coffee C Futures

228.65

+2.05 (+0.90%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

3,808.86

+68.55 (+1.83%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

S&P 500

4,147.45

+89.61 (+2.21%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (7)

DAX

14,462.19

+230.90 (+1.62%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

FTSE 100

7,585.46

+20.54 (+0.27%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Hang Seng

20,697.36

+581.16 (+2.89%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

US Small Cap 2000

1,885.90

+43.05 (+2.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

IBEX 35

8,933.60

+44.80 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

51.110

+0.320 (+0.63%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

66.58

+0.68 (+1.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Allianz SE VNA O.N.

200.20

+1.40 (+0.70%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

179.96

+3.20 (+1.81%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

6.881

+0.031 (+0.45%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

121.86

+3.34 (+2.82%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

Deutsche Bank AG

10.392

-0.022 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (6)

 EUR/USD1.0730↑ Buy
 GBP/USD1.2629↑ Buy
 USD/JPY127.07↑ Buy
 AUD/USD0.7157Neutral
 USD/CAD1.2722↑ Sell
 EUR/JPY136.35↑ Buy
 EUR/CHF1.0274Neutral
 Gold1,851.34↑ Sell
 Silver22.096↑ Sell
 Copper4.3225Neutral
 Crude Oil WTI115.08↑ Buy
 Brent Oil115.54↑ Buy
 Natural Gas8.742↑ Buy
 US Coffee C228.65↑ Sell
 Euro Stoxx 503,808.86↑ Buy
 S&P 5004,147.45Neutral
 DAX14,462.19↑ Buy
 FTSE 1007,585.46Sell
 Hang Seng20,697.36↑ Buy
 Small Cap 20001,885.90↑ Buy
 IBEX 358,933.60↑ Buy
 BASF51.110Neutral
 Bayer66.58↑ Buy
 Allianz200.20↑ Buy
 Adidas179.96↑ Buy
 Lufthansa6.881↑ Buy
 Siemens AG121.86Buy
 Deutsche Bank AG10.392↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,830/ 6,940
(0/ 0) # 1,716
SJC HCM6,855/ 6,955
(0/ 0) # 1,731
SJC Hanoi6,855/ 6,957
(0/ 0) # 1,733
SJC Danang6,855/ 6,957
(0/ 0) # 1,733
SJC Nhatrang6,855/ 6,957
(0/ 0) # 1,733
SJC Cantho6,855/ 6,957
(0/ 0) # 1,733
Cập nhật 28-05-2022 02:43:41
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,853.60+0.680.04%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V31.25031.870
RON 95-III30.65031.260
E5 RON 92-II29.63030.220
DO 0.05S25.55026.060
DO 0,001S-V26.35026.870
Dầu hỏa 2-K24.40024.880
ↂ Giá dầu thô thế giới
WTI$113.88-0.9-0.79%
Brent$115.36-0.92-0.80%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.030,0023.340,00
EUR24.263,1125.622,23
GBP28.523,9629.740,84
JPY177,60188,03
KRW15,9119,38
Cập nhật lúc 18:54:46 27/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right Phương Thức Thanh Toán