Cryptocurrency regulation g20 lack the financial stability board fsb

cryptocurrency regulation g20 lack the financial stability board fsb

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Bitcoin: Is it REALLY an Asset?
Comprehensive regulatory and supervisory oversight of crypto-assets can help to address financial stability and financial integrity risks while. The FSB published a report in February with its assessment of The Financial Stability Risks of Decentralised Finance. Following a public. The international body published final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin.
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For example, the engagement of MCIs in proprietary trading, market making on their own trading venues, and the lending and borrowing of crypto-assets could lead to higher leverage. The Economic Times daily newspaper is available online now. As recent events have illustrated, if linkages to traditional finance were to grow further, spillovers from crypto-asset markets into the broader financial system could increase," the FSB said.