FSB News

The Financial Stability Board has released a report highlighting the need for additional regulations in the crypto industry, particularly in the wake of the FTX collapse, to mitigate risks similar to those in traditional finance.

The G20 has released a Presidency Note emphasizing the importance of consistent crypto regulation and guidance across different jurisdictions

The Financial Stability Board (FSB) has completed its global regulatory framework for crypto asset activities, aiming to enhance the consistency and comprehensiveness of regulatory and supervisory practices on an international scale.  Built on the principle of ‘same activity, same risk,…

The failure of FTX has prompted the Financial Stability Board to propose regulations for the cryptocurrency industry in early 2023, along with a timeline for implementation.

The Chairman of the crypto working group, Financial Stability Board, Steven Maijoor, has called on global authorities to work together over the crypto industry. Speaking in London, Maijoor believed that crypto could lead to a worldwide financial crisis. Awakened by…

According to information agency Kharon, Alexey Pertsev, the bitcoin mixer Tornado Cash developer, previously worked for a business connected to the Russian security agency FSB. Alexey Pertsev was charged with using the presently authorized crypto mixer to facilitate money laundering.…

Reports from Russia indicate that the country’s finance minister, Anton Siluanov, has recapitulated his stance on the legalization of crypto in the country. According to the Russian daily Kommersant, Siluanov wrote a letter to Mikhail Mishustin, Russia’s Prime Minister, earlier…

The Financial Stability Board (FSB), the international body that monitors the global financial system, published a report on October 10, 2018, titled “Crypto-asset markets: Potential channels for future financial stability implications.” The report chiefly touched upon the initial assessment put…