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FSB calls for global regulation of multifunction crypto firms
Posted on 11/29/2023
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models have vulnerabilities and risks that may negatively impact global financial stability. The FSB recommends a global approach and cooperation on regulation of these MCIs. The Financial Stability Board (FSB), an international organisation that monitors and […]
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