“The FSB is working to ensure that crypto-assets are subject to robust regulation and supervision,” the statement said, adding the recent “turmoil” in crypto markets highlights the intrinsic volatility and structural vulnerabilities as well as the increasing interconnectedness between crypto markets and the traditional financial system.
Related posts
-
Experts Discuss Blockchain, Crypto and Web3’s Future
The European Blockchain Convention (EBC) took over Barcelona for its 10th edition. The two-day event featured... -
New Crypto Regulations in Japan Ease Rule For Blockchain Gaming Sector
Japan’s Financial Services Agency (FSA) has announced plans to reform the country’s regulatory framework on crypto... -
Crypto Hack Losses Down In Q3 2024, Ethereum Still Most Targeted Blockchain: Report
Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted...