G20


Politiche

'Comprehensive' International Crypto Rules Proposed by Influential Finance Watchdog

Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.

Influential standard-setter the FSB wants a global crypto rulebook (Yuichiro Chino/Getty Images)

Politiche

Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra

Financial-stability norms to be set out next week could seek to extend financial regulations to the crypto world - or could seek to go in a whole new direction.

Influential standard-setter the FSB wants a global crypto rulebook (Yuichiro Chino/Getty Images)

Politiche

Top EU Official Calls for Global Crypto Agreement

Europe and the U.S. should work together to limit "significant risks" to investors and the environment, Mairead McGuinness said.

EU financial-services commissioner Mairead McGuinness (Alexandros Michailidis/SOOC/Bloomberg/Getty Images)

Politiche

UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi

The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Video

Why G20's Financial Stability Board Says $133B Stablecoin Sector Remains Niche

A survey from the Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are currently not being used at a significant scale for mainstream payments. CoinDesk's Nikhilesh De discusses what the data reveals about stablecoins at large amid a global call for stricter crypto regulation.

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Politiche

Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche

The Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are not being used at any significant scale for payments at present.

FSB Chair Randal Quarles (Lintao Zhang/Getty Images)

Mercati

China's Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

In a wide-ranging speech, Xi said the G20 “needs to discuss developing standards and principles for central bank digital currencies.”

Chinese President Xi Jinping

Politiche

Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance

The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.

B20 Chair Yousef Al-Benyan said the passport could be especially helpful to small businesses recovering from COVID-19 economic slowdowns. (B20)

Politiche

G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins

National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.

(Shutterstock)

Mercati

Bridging the Gap Between Bitcoin and Global Regulators

We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin’ichiro Matsuo.

bridge, mountain

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