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G20: Issued FSB recommendations for International Regulation of Crypto-asset Activities

Policy overview

Description

Issued FSB recommendations for International Regulation of Crypto-asset Activities

On 17 July 2023, the Financial Stability Board (FSB) published its finalised recommendations to the G20 for a Regulation framework of Crypto-asset Activities. The framework is based on the principle of "same activity, same risk, same regulation" an…

Scope

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

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2022-07-11
under deliberation

On 11 July 2022, the Financial Stability Board (FSB) published a statement on the international reg…

2022-10-11
in consultation

On 11 October 2022, the Financial Stability Board (FSB) opened a consultation on the document title…

2022-12-15
processing consultation

On 15 December 2022, the FSB closed its consultation on the document titled “International Regulati…

2023-07-17
adopted

On 17 July 2023, the Financial Stability Board (FSB) published its finalised recommendations to th…