CRYPTO-ASSETS *MONITORING* SYSTEM

Global regulators set out monitoring system for crypto-assets.

GLOBAL regulators have published a framework for "vigilantly" monitoring the risks from crypto-assets like bitcoin and ether, even they don't pose a major risk to financial stability for now.

The Financial Stability Board {FSB}, which coordinates financial regulation for the Group of 20  Economies {G20}, said the framework focuses on how risks from crypto-asset markets could spread to other parts of the financial system.

"Monitoring the size and growth of crypto-asset markets is critical to understanding the potential size of wealth effects, should valuations fall," the FSB said in a statement on Monday. [Agencies]