Search Results for "fsb"
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
Facebook’s Libra Launch Will Be Halted Until Proper Regulations Are Set, According to G7 Draft
A G7 statement showed that the financial leaders of the world’s seven largest economies will oppose the launch of Libra.
Russian Intelligence are Hiding Embezzler and Former Wirecard COO in Belarus
Jan Marsalek promptly disappeared shortly after undertaking an investigation for the Wirecard missing funds - which he claimed would clear him of any wrongdoing. However, new evidence suggests that he never made it to the Philippines at all, but has been in hiding with the help of the FSB, a Russian intelligence agency.
Government Officials in Russia Expected to Declare Their Cryptocurrency Savings
Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.
G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins
The Financial Stability Board (FSB), the G20 body that advises on ways to improve the global financial system, has published a study on the challenges, which stablecoins pose for the global economy. The FSB stated that regulatory frameworks have already covered several activities associated with stablecoins, although there are other risks that many national regulators could be left unprepared for.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.