G20: Consultation closed on FSB proposal for International Regulation of Crypto-asset Activities
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Description
Consultation closed on FSB proposal for International Regulation of Crypto-asset Activities
On 15 December 2022, the FSB closed its 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.
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