The Financial Stability Board (FSB) published its finalized global regulatory framework for crypto assets.
On Monday, the Financial Stability Board (FSB) published its recommendations for a global regulatory framework for crypto-assets to “promote the comprehensiveness and international consistency of regulatory and supervisory approaches.”
FSB Bases Framework on Principle of “Same Activity, Same Risk, Same Regulation”
The FSB is an international organization that monitors the global financial system. The organization published guidelines for a global approach to crypto-related activities.
The board was tasked by the Group of 20 Nations (G20) to coordinate the delivery of an effective regulatory, supervisory and oversight framework for crypto-assets in light of recent events that took place in the digital asset industry.
The G20 previously said in a document summarizing the outcomes of meetings held with finance ministers and central bank governors that the FSB, IMF (Intern
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