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Despite gaining legitimacy in the eyes of many more individuals across the world, cryptocurrencies are still a contested topic within regulatory circles, especially with the regulatory bodies of developed countries. FSB: Crypto Assets Don’t Pose A Risk To Global Financial Stability The Financial Stability Board (FSB) recently released a...
The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose...
The Financial Stability Board (FSB), the body that coordinates financial regulation for the G20, resisted calls from some members to regulate cryptocurrencies. G20 Regulatory Body Rejects Regulating Cryptocurrencies Too little consensus was found during the Financial Stability Board (FSB) meeting to pursue radical action toward the cryptocurrency world....
The G20’s announcement that it will pivot away from creating new regulations in favor of examining existing rules gave the cryptocurrency market a much needed seeing Bitcoin surge by $1000. No New Regulations The anticipation of what new regulations might come of the G20 meeting this week in Buenos...
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