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Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSB
Decentralized finance “does not differ substantially” from traditional finance in its functions or vulnerabilities, according to the Financial Stability Board.
At Davos, Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors
Klaas Knot called the appealing localities with lax restrictions "sunny places for shady people." He was part of the only mainstage panel focused explicitly on crypto at this year’s World Economic Forum.
Crypto Will Soon Threaten Global Financial Stability, FSB Official Says
In the wake of FTX’s demise, Steven Maijoor, chair of the Financial Stability Board’s crypto working group, urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry.
Crypto Conglomerates Require 'Urgent Regulatory Attention,' European Watchdogs Say
The collapse of crypto exchange FTX and resulting turmoil are drawing concern from financial stability guardians.
