FSB's Comprehensive Crypto Regulation: Promoting Stability & Consistency
For more information go to https://metanews.com/fsb-finalizes-global-crypto-regulatory-framework/
FSB Crypto Framework: Enhancing Stability & Consistency"
The Financial Stability Board (FSB), a Swiss regulatory organization, has unveiled a comprehensive regulatory framework for crypto-asset activities. Designed to ensure international consistency and comprehensive regulation, this framework targets crypto-assets and stablecoins, aligning with the risks they present. Following lessons from recent events and public consultation feedback, the FSB's recommendations aim to strengthen the financial system's overall stability.
0:00 Intro
0:10 FSB Framework
0:22 The FSB Recommendations
0:31 Enhancing Regulatory
1:04 Outro
Emphasizing "same activity, same risk, same regulation," the framework prioritizes safeguarding client assets, mitigating conflicts of interest, and enhancing cross-border cooperation. While not covering all risk categories, the focus remains on promoting stability while excluding central bank digital currencies. #CryptoRegulation #FSBFramework #StrengtheningStability #CryptoAssets #Stablecoins #FinancialSystem #ConsistentRegulation #ClientProtection #CrossBorderCooperation #DigitalCurrency #FinancialStabilityBoard