Coinnounce
2020-10-14 06:17:14

G20’s financial watchdog publishes regulatory recommendations for global stablecoins.

The G20s financial watchdog has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states. The Financial Stability Board (FSB) has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra project. The report offers regulatory recommendations to G20 member states and the broader international community intended […]

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