G20: FSB report on "Financial Stability Risks of Decentralised Finance""
Progress
Current status
adopted
16 Feb 2023 adopted
Scope
Implementers
Argentina
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Mexico
Republic of Korea
Russia
Saudi Arabia
South Africa
Turkiye
United Kingdom
United States of America
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
other regulatory body
Implementation Level
bi- or plurilateral agreement
Timeline of events
Issued FSB report on "The Financial Stability Risks of Decentralised Finance"
On 16 February 2023, the Financial Stability Board (FSB) issued a report titled “The Financial Stability Risks of Decentralised Finance”. The reported noted that decentralised finance, or DeFi, did not “differ substantially” from the functions of tr…
Event type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body