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Global Guidelines for Crypto Firms to Protect Investors Released by G20 FSB

3 months ago
in CoinPedia, Crypto Live News, Crypto News, Regulations News
Reading Time: 1 min read
Global Guidelines for Crypto Firms to Protect Investors Released by G20 FSB
Global Guidelines for Crypto Firms to Protect Investors Released by G20 FSB

The post Global Guidelines for Crypto Firms to Protect Investors Released by G20 FSB appeared first on Coinpedia Fintech News

The Financial Stability Board (FSB), a global financial watchdog, has presented regulatory guidelines for cryptocurrencies to the G20 countries. The framework emphasizes the separation of clients’ digital assets and funds on platforms, along with the importance of avoiding conflicts of interest. The FSB calls for strong cross-border cooperation and management, balancing privacy with regulatory access to essential data. Additionally, governance bodies for stablecoin issuers and access to operate in different jurisdictions are recommended. The policy is set to undergo a review by 2025 to ensure its effectiveness.

This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

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