Regarding technological innovations in the financial sector, the G20 has especially focused on crypto-assets and their underlying technology, and has discussed how to contain the various types of risks while harnessing their potential benefits. Third, international cooperation is important. As various issues have become globalized, it is essential for financial authorities to cooperate across regions.
BIS Review 106/2010  recover, and that adjustment pressure on households’ balance sheets will continue to be a constraint on a recovery in consumption. The economy of the euro area is also expected to continue recovering moderately, with exports, partly due to the weak euro, expected to grow, which in turn will boost production.