G20: Consultation opened on FSB proposal for International Regulation of Crypto-asset Activities
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Description
Consultation opened on FSB proposal for International Regulation of Crypto-asset Activities
On 11 October 2022, the Financial Stability Board (FSB) opened a consultation on the document titled “International Regulation of Crypto-asset Activities”. The document outlines to G20 Finance Ministers the framework of the FSB's recommendations for international regulation of crypto-assets, which will include a review of the FSB’s October 2020 recommendations for the regulation of “global stablecoin” arrangements. The proposed recommendations of the FBS seek to promote international cooperation for the creation of a consistent and comprehensive regulatory framework of crypto-asset activities. The consultation closes on 15 December 2022.
Original sourceScope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
Hide details
2022-07-11
under deliberation
2022-10-11
in consultation
2022-12-15
processing consultation