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). ...

In the latest episode in the ongoing public saga, the UK's Financial Conduct Authority (FCA) has published a Supervisory Notice in which it declared that the world’s largest cryptocurrency exchange, Binance, was not capable of being effectively supervised.  The FCA’s...