FSB and IMF Present Crypto Asset Regulation Synthesis Paper to G20 Members

  • The Financial Stability Board (FSB) and the International Monetary Fund have shared a synthesis on crypto asset regulation among G20 nations.
  • The recommendations aim to address financial stability risks and call for data collection, cross-border cooperation, and regulatory authority granting.
  • Central Bank Digital Currencies (CBDCs) are not included in the recommendations, with the FSB tasked to create an overarching supervisory framework for crypto-assets.
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