The collapse of the crypto-asset market, while leading to significant losses for some investors, has not had systemic consequences due to its limited interconnections with traditional financial intermediaries, the payments system and the real economy.
In conclusion, I sincerely hope that through fruitful discussion at the Conference, both those from academic circles and central banks will learn more, share the fruit, and make use of the wisdom obtained for the future conduct of monetary policy. 3  BIS Review 55/2000