Yahoo Finance 
Federal Reserve Bank Stands Prepared to Study ‘Collapse of the Bitcoin Market’
By CCN.com: When the Federal Reserve conducts stress tests to measure risk in the U.S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market.”
Indeed, the U.S. central bank has recognized Bitcoin as potentially being a “salient risk” to the market at-large.
Since the 2009 Great Recession, the Federal Reserve has been constantly on the prowl for detecting where the next economic meltdown might occur. Congress and the Obama Administration passed the Dodd-Frank Act, which made it a law for the Fed to run these stress tests moving forward.
‘Salient Risks’
According to a new policy rule for the Federal Reserve, studying historical patterns is not enough to figure out where the next market panic might break out. Instead, the central bank is heeding recommendations to “consider extraordinary shocks, such as a war with North Korea, the collapse of the Bitcoin market, or major losses caused by trader misconduct.”
According to the Board of Governors of the Federal Reserve System’s newest Final Rule:
Similarly, a commenter expressed support for the incorporation in the stress test of shocks unlike those already experienced, since firms should be prepared to withstand events beyond those already endured. The commenter recommended that the Board consider extraordinary shocks, such as a war with North Korea, the collapse of the Bitcoin market, or major losses caused by trader misconduct, in its scenarios.
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