This may include adverts from us and 3 rd parties based on our understanding. In a speech yesterday, deputy governor Sir Jon Cunliffe said: The financial crisis has proved us, that one doesn't have to account for a large proportion of the financial industry to trigger the financial stability problems. He believes a collapse in the price of cryptocurrencies to as low as zero is certainly a plausible scenario, and that this would prompt a possibility for contagion across the world's finance sector.
Comparing the crypto crash to other financial meltdowns, he reminded us in a speech at Sibos that sub-prime was worth about $1.2 tn in 2008 when it collapsed and the crypto market is now worth 1.7 trillion. Largely unregulated cryptoassets have grown by 200 percent this year, from just under $800 billion to $2.3 trillion. Cunliffe wants crypto regulated as a matter of urgency. While the finance industry is more robust than in 2008, governments must be wary of overreacting to financial innovations.
The most important 6 - month period in the history of crypto All eyes on crypto in the next few months as they could turn out to be one of the most important 6 - month periods in the history of crypto. Will 2017 crash be different from 2018? This could turn out to be one of the most important periods in the history of crypto monetization in 6 months. If Q 4 is strong, will the question be?
The fundamentals changed and we will not crash. HODL ud 83 d udc 8 e udc 8 e udc 8 e udg 83 d udc 8 e udc 8 e u 2014 CryptoIncline October 13, 2021.