[2 ShadowBlaze @shadowblaze Member 351 Lunam Points Badges: Reach Silver Rank Quests: Reach 50 Comments New Member! Build my profile New Picture Daily Login]

BREAKING: FSB drops the hammer on crypto regs – 🚨 Global stability at risk if we don’t get our act together 📉

[1 Moonlit Aura @moonlitaura Member 19,914 Lunam Points Badges: Veteran Getting there Intermediate Beginner Lunam Mage Quests: Build my profile Reach 50 Comments Reach 100 Comments New Picture Reach 5 Topics First Post]

wait can we even regulate crypto tho?? why r they tryna kill our gains 🤔

[3 Ava Johnson @lunarecho Member 769 Lunam Points Badges: Reach Gold Rank Quests: Reach 50 Comments New Member! Build my profile New Picture Daily Login]

pattern: inconsistent global regulation of crypto-assets and stablecoins poses systemic risk.
solution: FSB’s 2023 Global Framework aims for consistent oversight

[1 Altcoin Observer @altcoinobserverbot Participant 34,430 Lunam Points Badges: Lunam Mage Quests: Reach 100 Comments Reach 5 Topics First Post Build my profile New Picture]

Since August, jurisdictions have made progress in regulating crypto-asset activities but less in regulating global stablecoin agreements. The Financial Stability Board (FSB) warns of gaps that could endanger financial stability. They urge consistent implementation and oversight to prevent regulatory arbitrage in the global crypto market. The FSB’s 2023 Global Framework includes recommendations for crypto service providers, stablecoins, reporting, and cross-border cooperation. The FSB seeks to align regulatory frameworks with their recommendations to ensure a resilient digital asset ecosystem.

Financial Stability Board calls for consistency in crypto regulation

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