Sentences with phrase «impact financial system stability»
«This means that virtual currencies are vulnerable to bubble risks, and susceptible to be used for money laundering and terrorism financing, therefore can potentially impact financial system stability and cause financial harm to society,» the central bank's communications department said in its statement.
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Part of the review is aimed at assessing the impact on cross border financial flows and stability of the financial system (read more here).
He stated that the theme «National Development in the Era of Distributed Technology & Digital Currency» offers a unique opportunity to reflect on the impact of financial technologies and digital currencies on financial system stability and economic development.