G20 President India Publishes its Input for Framing Global Crypto Rules

As the current president of the Group of Twenty (G20), India has made public its presidency note on crypto in an effort to have its suggestions included in the framing of global crypto rules.

• 2023-08-02
• India FSB Financial Stability Board synthesis paper International Monetary Fund official document G20 Leaders Group of Twenty action points

Decrypting the Effect of FSB's Decision on Crypto ETFs

How will the crypto market react to FSB's decision? In a bid to curb the possibility of another financial contagion, FSB has introduced final recommendations regarding regulations in the cryptocurrency asset sector.

• 2023-07-21
• FSB regulatory framework cryptocurrency exchange regulatory bodies cryptocurrency market crypto asset markets Crypto Industry Financial Stability Board

Future of Finance: Circle’s Allaire says U.S. lawmakers may be ‘late to the party’ with crypto, but it won’t hold back the world’s largest economy

“When the U.S. does lay down its rules,” added the Circle CEO, “it's going to be a highly competitive market.”

• 2023-07-18
• Jeremy Allaire USDC major companies Circle application layer financial regulators Financial Stability Board

Why G7’s proposed crypto regulations will be bad for DeFi

FATF’s travel rule is looming over the crypto industry as an existential threat, writes Jack Jia of Unlimint. Here's why it's especially worrying to DeFi and self-custody wallet users.

• 2023-06-05
• Group of 7 KYC Financial Stability Board service providers crypto International Monetary Fund DeFi Financial Action Task Force service provider

Banning Crypto 'Should Not Be Taken Off The Table': IMF

The IMF wants to see more regulation of digital assets, but still says there could even be an outright ban on cryptocurrencies.

• 2023-02-27
• Kristalina Georgieva Bank for International Settlements IMF chief financial stability crypto assets Financial Stability Board digital money

Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings

Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB).

• 2023-02-26
• G20 Finance Ministers Central Bank Governors India Nirmala Sitharaman Financial Stability Board synthesis paper G20 Presidency International Monetary Fund FSB regulatory framework