Day: 14 October 2021

G20 Regulatory Body Sees Increased Stablecoin Usage As Risky For Financial Stability

On 7 October 2021, the G20-mandated regulatory standard-setter, the Financial Stability Board (FSB) published a document titled: “Regulation, Supervision, and Oversight of “Global Stablecoin” Arrangements - Progress Report on the implementation of the FSB High-Level Recommendations” (Progress Report).   The Progress Report was in respect of the relates to the FSB’s ...

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