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Crypto regulation would promote financial stability and tackle ‘inefficiencies’, says Moody’s 

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By Hamza Fareed Malik Crypto regulation would be good for financial stability, consumers, and industry efficiency as regulators around the world decide on appropriate laws, Moody’s says. Clear regulations that seek to prevent fraudulent activity and provide guidance to companies would “protect consumers and ensure that the industry does not become a source of financial instability,” the financial services company said in a report yesterday. Moody’s highlighted that such laws are likely to weed out any “inefficiencies” in the industry. These would become apparent as laws are put in place, with …

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