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G7
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.
Competition in Digital Markets Hits G7 Nations' Radar
The group agreed to scan for early warning signs of disruption in the distribution of market power.
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.
Stablecoin Regulation Is a Sticking Point Between the G7 and G20
Emerging economies in the G20 are concerned widespread stablecoin use may threaten their monetary policy, and are seeking stricter measures, two high-level officials privy to discussions at the forums told CoinDesk.
Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
G-7 Will Push for Tighter Global Crypto Regulations: Kyodo
Discussions on a global framework will speed up ahead of a May meeting of finance ministers and central bankers from the Group of 7 countries.
Canada Close to Tightening Rules for Crypto Exchanges: Sources
The changes will ensure it’s simply too expensive to do business in Canada, said one person familiar with the plans.
G7 Calls for Regulation; Bored Ape Transfer Blocked
Commonwealth Bank of Australia pauses launch of crypto trading on its app. Five South Korean LUNA investors file complaints against Terraform Labs’ co-founders. Terra, UST collapse pushes G7’s call for swift crypto regulation. Singapore court’s block on transfer of Bored Ape Yacht Club NFT tests legal oversight.
Crypto Should Meet Same Norms as Regular Finance, G7 Says
Finance ministers want to see financial stability and money-laundering standards in effect soon, citing recent market turmoil.
G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
G-7 officials meeting in Germany want the Financial Stability Board to act more quickly, says a Reuters report.
