Discussion Forum – A Physical Event
Friday 21 March 2025
18:00-19:30
Venue: Stelios Philanthropic Foundation Head Quarters, 5 Markou Drakou Street, Nicosia
Developments and risks in crypto-asset markets
Speaker: Constantinos Stephanou – Head of Financial Stability Analysis, Financial Stability Board
Moderator: Sofronis Clerides – Professor of Economics, Dean of the Faculty of Economics and Management University of Cyprus
Abstract: Crypto-asset market prices reached a historic peak in early 2025, though they have dropped since then and continue to be very volatile. New use cases are emerging, especially for stablecoins, and there is greater interest in this market among investors, leading to growing linkages with the economy and financial system. Drawing on the work carried out at the Financial Stability Board (FSB) and reported to the G20, the lecture will focus on recent crypto-asset market developments and their implications, the main financial stability concerns at the present juncture, and efforts to regulate crypto-assets at the global level.
