G20 Advisory Body is Monitoring Cryptocurrency, Releases Report

[kreslik.news]

The Financial Stability Board, the advisory body of the G20 countries, has released a report on the progress of its efforts so far regarding cryptocurrency regulation.

FSB

As its name suggests, the FSB is concerned with the stability of the global financial system. Founded in 2009, it is based in Basel and funded by the Bank for International Settlements. It is made up of representatives from the finance departments and central banks of all G20 countries – all in all, 68 institutions are members.

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It does not have any enforcement power, but can ... (read more)