Argentina: Closed consultation on Application of the Principles for Financial Market Infrastructures to stablecoin arrangements

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Description

Closed consultation on Application of the Principles for Financial Market Infrastructures to stablecoin arrangements

The consultation on the report on the Application of the Principles for Financial Market Infrastructures to stablecoin arrangements promoted by the Bank for International Settlements has been closed. The report provides guidance on how the Principles for Financial Market Infrastructures apply to important stablecoin arrangements, around 4 vectors: Governance, Comprehensive risk management, Settlement finality and Money settlements.

Original source

Scope

Policy Area
Other operating conditions
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2021-10-06
in consultation

The Report on the Application of the Principles for Financial Market Infrastructures to stablecoin …

2021-12-01
in consultation

The consultation on the report on the Application of the Principles for Financial Market Infrastruc…

2022-07-13
adopted

On 13 July 2022, the Bank for International Settlements' Committee on Payments and Market Infrastru…