Jon Cunliffe on Europe's Economic Outlook

The transcript covers a discussion on the recent crypto market sell-off, highlighting the risks and opportunities in the crypto industry. It examines the impact of financial conditions on crypto as a speculative asset and explores investor understanding of crypto investments. The conversation delves into stable coins, their potential contagion risks, and the need for regulation. It also discusses the possibility of central bank digital currencies and the challenges of integrating crypto into mainstream investment infrastructure.

What factors could lead to a loss of confidence in stable coins?

How might the interconnectedness of crypto and traditional finance evolve in the future?

What are the potential benefits of a central bank digital currency?

How should regulators approach the classification of crypto assets?