FSB to set crypto regulatory norms globally
According to Dietrich Domanski, who is stepping down from his position as secretary general of the Financial Stability Board (FSB), recent events have shown that it is "necessary to manage…
Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according…
Preemptive Measures Needed to Regulate Crypto Market, FSB Says
Regulators need to prepare measures in advance to bring the crypto market to obey rules and regulations, as risks from the sector could grow quickly, a risk monitoring watchdog for the…
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
The Financial Stability Board (FSB), a G20-backed think tank, has cited the duo of government-issued Central Bank Digital Currencies (CBDCs) and stablecoins as key drivers in pursuing a better cross-border…
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Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks To US Banking System
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could…
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Fed’s Vice Chair For Supervision Calls On Bank Regulators To Pay More Attention To Cryptocurrency
The Federal Reserve’s top supervisory official has called on bank regulators to pay more attention to cryptocurrencies and stablecoins. His comments followed a number of major banks announcing that they…