An International Monetary Fund (IMF) paper has proposed a framework for 'tracking systemic risks stemming from crypto assets.'
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The IMF paper added that empirical tools from traditional finance are not well suited for crypto-related risk assessment.Learn more about Access Protocol The framework takes a three-step approach. The first step involves a decision tree that assesses how critically important the crypto sector is to a national economy. The second step involves examining indicators, similar to those used in traditional finance, that indicate the potential for. The third step covers the global macro-financial risk from crypto assets that could have implications for a country’s systemic risk assessment.
The paper highlighted specific vulnerabilities that could pose systemic risks to the broader financial sector and the economy. These risks include leveraged exposure within crypto markets that could introduce additional vulnerabilities spilling over to the rest of the economy.
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