FSB Says Existing Stablecoins Will Be Left Behind by Global Standards
FSB Chair cautions many existing stablecoins may not meet upcoming high-level regulatory recommendations.
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FSB Chair cautions many existing stablecoins may not meet upcoming high-level regulatory recommendations.
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
FSB explores AIs potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities.
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