Tag: Mark Branson
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Bafin Chief Branson Worries About Shadow Banks And Cryptos!
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Mark Branson, the head of Germany’s financial regulator BaFin has warned of risks to financial stability. Specifically, shadow banks are a thorn in his side because of their rapid growth – and crypto markets, as he explained to journalists in Frankfurt. He is worried about so-called shadow banks and points…
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Bafin Chief Mark Branson Wants A Tough Regulation For Crypto But Not To Kill It!
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The public has lost confidence in the crypto space. The collapse of the crypto exchange FTX deals another blow to the market for Bitcoin and Co. In the industry, there is talk of crypto winter and crypto contagion. Bafin boss Mark Branson would prefer to “extend regulation to all areas”. However,…
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BaFin Chief Sees No Threat To Financial Stability From Crypto Turmoil!
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The crash of the Terra stable coin is not destabilizing the traditional FIAT financial system, says BaFin chief Mark Branson. However, this could change in the future, when interconnections between crypto and FIAT become tighter, that could happen. The cryptoquake surrounding the collapse of the stable coin Terra had led…