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Fed's Bostic: Crypto Too Small to Put Financial Stability in Play
Bloomberg
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1 day ago
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Tech
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00:00
As a fraction of the entire U.S. financial system, it's still relatively small.
00:05
And so for us as the Federal Reserve, we think about risk for sure,
00:10
but financial stability is something that is actually even a greater consideration for us.
00:17
And the crypto market today is sufficiently small, I think, that financial stability is not really in play.
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