The Financial Stability Board (FSB) has warned the G20 that cryptocurrencies and stablecoins could impact financial stability
2025-10-13 20:54:44
The Financial Stability Board (FSB) submitted an interim report to the G20, focusing on cross-border transfers, cryptocurrencies, and stablecoins. The report pointed out that progress on cross-border transfer goals has been limited, and the rapid growth of cryptocurrencies and their integration with traditional finance may have an impact on financial stability. Although most countries have regulatory frameworks, they mainly focus on anti-money laundering and sanctions compliance, and do not adequately cover financial stability risks.
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