In this context, the immediate priorities are to address the other two issues I mentioned: investor protection and abusive financial flows. In these areas, the relevant regulators are working hard to adapt their frameworks to cover these new products. But things are evolving rapidly. Cryptoassets are growing in size, complexity and interconnectedness.
Therefore, in this environment of w ell-informed expectations and trust  in the stabilising capacity and potency of  instruments arsenal of the authorities, there is less risk of market overreaction to the path of economic indicators. Indeed, economic agents might take stabilising and policy reinforcing decisions.