• Latest
Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

March 1, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

coinnewsdaily by coinnewsdaily
March 1, 2019
in Business
0
Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

The U.S. Federal Reserve could soon include a cryptocurrency market crash as one of the risks to take into account when conducting supervisory stress tests.

The Fed’s board of governors on Thursday announced amendments to a policy statement on the scenario design framework for stress testing, saying that “the collapse of the bitcoin market” may be considered as one of the “salient” market risks.

According to the document, the crypto amendment was recommended to the board by a commenter who proposed it should be seen as one of several “extraordinary shocks,” such as a war with North Korea and major losses caused by trader misconduct.

The board said it aims to make supervisory stress tests “sufficiently dynamic” by including salient market risks in the scenario design framework. Such risks have been included since the inception of supervisory stress tests, with recent additions being oil price shocks and a severe recession in the euro area, among others.

“Where appropriate, the Board intends to continue augmenting the scenarios with risks it considers to be salient,” it explained.

Supervisory stress tests of eligible firms are conducted annually by the Board pursuant to the Dodd-Frank Wall Street Reform Act and the Board’s stress test rules.

The Fed board also explains the reasons for the tests, saying:

“Together, the Dodd-Frank Act supervisory stress tests are intended to provide company management and boards of directors, the public, and supervisors with forward-looking information to help gauge the potential effect of stressful conditions on the ability of these large banking organizations to absorb losses, while meeting obligations to creditors and other counterparties and continuing to lend.”

The board has developed three stress-test scenarios – “baseline,” “adverse” and “severely adverse” – and projects a firm’s balance sheet, risk-weighted assets (RWA), net income, resulting post-stress capital levels and regulatory capital ratios, among other factors under each one.

Any of Thursday’s amendments to the stress-test policy that are adopted will come into effect on April 1.

Also likely to be included are amendments adding a change in the unemployment rate of less than 4 percent under certain economic conditions, and a decline in the nominal house price index – both under the “severely adverse” scenario.

The amendments follow the recent comments from the new chair of the Financial Stability Board (FSB) Randal K. Quarles, who also serves as the vice chair for supervision at the Fed board of governors.

Quarles said last month: “This will not be easy – developments like the emergence of crypto-assets may challenge any framework – but that makes the goal of a robust framework all the more important.”

Federal Reserve image via Shutterstock 

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

Coinbase.com Supports XRP, Making it Available on Android & iOS App

Next Post

Thai SEC Bans Three Cryptocurrencies from ICO Investment, Trading Pairs

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Thai SEC Bans Three Cryptocurrencies from ICO Investment, Trading Pairs

Thai SEC Bans Three Cryptocurrencies from ICO Investment, Trading Pairs

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$30,274.000.86%
  • ethereumEthereum(ETH)$2,062.551.99%
  • tetherTether(USDT)$1.000.12%
  • binancecoinBNB(BNB)$329.943.20%
  • rippleXRP(XRP)$0.4245891.07%
  • cardanoCardano(ADA)$0.550.79%
  • SolanaSolana(SOL)$53.121.08%
  • polkadotPolkadot(DOT)$10.432.21%
  • dogecoinDogecoin(DOGE)$0.0872880.42%
  • tronTRON(TRX)$0.0766160.68%
  • Shiba InuShiba Inu(SHIB)$0.0000122.34%
  • daiDai(DAI)$1.000.20%
  • litecoinLitecoin(LTC)$72.740.98%
  • CronosCronos(CRO)$0.1980172.43%
  • matic-networkPolygon(MATIC)$0.692.77%
  • leo-tokenLEO Token(LEO)$4.900.19%
  • FTX TokenFTX Token(FTT)$30.700.34%
  • bitcoin-cashBitcoin Cash(BCH)$202.331.01%
  • moneroMonero(XMR)$196.948.33%
  • chainlinkChainlink(LINK)$7.532.69%
  • cosmosCosmos Hub(ATOM)$11.944.81%
  • stellarStellar(XLM)$0.1359920.09%
  • OKBOKB(OKB)$12.883.63%
  • ethereum-classicEthereum Classic(ETC)$23.1210.32%
  • algorandAlgorand(ALGO)$0.443136-0.44%
  • vechainVeChain(VET)$0.0335044.43%
  • ElrondElrond(EGLD)$92.17-0.33%
  • Internet ComputerInternet Computer(ICP)$8.351.45%
  • filecoinFilecoin(FIL)$8.41-0.03%
  • tezosTezos(XTZ)$1.991.18%
  • AaveAave(AAVE)$104.2210.98%
  • eosEOS(EOS)$1.392.62%
  • zcashZcash(ZEC)$108.521.32%
  • theta-tokenTheta Network(THETA)$1.342.86%
  • makerMaker(MKR)$1,432.060.80%
  • huobi-tokenHuobi Token(HT)$7.020.49%
  • bitcoin-cash-svBitcoin SV(BSV)$53.074.34%
  • iotaIOTA(MIOTA)$0.3525691.63%
  • paxos-standardPax Dollar(USDP)$1.00-0.01%
  • PancakeSwapPancakeSwap(CAKE)$5.004.68%
  • neoNEO(NEO)$12.1112.61%
  • zilliqaZilliqa(ZIL)$0.056190-5.13%
  • KusamaKusama(KSM)$85.084.90%
  • dashDash(DASH)$63.627.30%
  • havvenSynthetix Network Token(SNX)$2.812.53%
  • wavesWaves(WAVES)$6.225.58%
  • basic-attention-tokenBasic Attention Token(BAT)$0.4122502.04%
  • nemNEM(XEM)$0.057563-6.05%
  • CompoundCompound(COMP)$73.002.85%
  • bitcoin-goldBitcoin Gold(BTG)$27.2141.44%
  • qtumQtum(QTUM)$4.397.70%
  • omisegoOMG Network(OMG)$2.724.61%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • yearn-financeyearn.finance(YFI)$9,626.500.80%
  • ethlendAave [OLD](LEND)$4.103.48%
  • SushiSushi(SUSHI)$1.6413.81%
  • golemGolem(GLM)$0.2729873.91%
  • ontologyOntology(ONT)$0.3008035.06%
  • umaUMA(UMA)$3.573.04%
  • digibyteDigiByte(DGB)$0.0132082.36%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....