How do central banks and international standard-setting bodies deal with cryptoassets?
Could you elaborate on the methods employed by central banks and international standard-setting bodies in addressing cryptoassets? How do they perceive the role of these digital assets in the financial system? Are there any specific policies or regulations in place to govern their usage, and if so, how do they aim to ensure their safety and stability? Additionally, how do these institutions balance innovation with risk management when it comes to cryptoassets?