FSB releases recommendations to regulate ‘global stablecoins’ such as Libra
The Financial Stability Board has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states. Go to Source Powered by WPeMatico
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G20 Informed Stablecoins Could Pose Financial Stability Risk
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef Launches Cryptocurrency Fund Financial Stability Risk The Financial Stability … Read more
