Assessing Macrofinancial Risks from Crypto Assets - 0 views
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John Kiff on 30 Sep 23The IMF published a paper that introduces a conceptual macrofinancial framework to understand and track systemic risks stemming from crypto-assets. It proposes a country-level Crypto-Risk Assessment Matrix (C-RAM) to summarize the main vulnerabilities, useful indicators, potential triggers and potential policy responses related to the crypto sector. It also discusses how experts and officials can weave in specific vulnerabilities stemming from crypto-asset activity into their assessment of systemic risk, and how they can provide policy advice and take action to help contain systemic risks when needed.