FSB unveils crypto regulation framework

The Bank for International Settlements, Basel
The Bank for International Settlements, Basel
Photo: Ulrich Roth

The Financial Stability Board has finalised its regulatory framework for the oversight of crypto assets and stablecoins, marking the culmination of a multi-year effort to tackle risks in the fast-growing sector.

Two reports published today (July 17) set out recommendations for the regulation, supervision and oversight of crypto asset activities and markets, and global stablecoin arrangements.

The FSB said it developed the framework on the principle of “same activity, same risk, same regulation

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