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Through this, they will continue to coordinate work under their respective mandates to promote the standard-setting bodies and develops and coherent global regulatory framework, including through the provision of more granular guidance by SSBs, monitoring of financial stability. Press release available as: PDF.
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FSB's Views On Crypto Asset Regulation Circulated Prior To G20 SummitThe paper argues that purported benefits of crypto assets include cheaper and faster cross-border payments, more integrated financial markets. The G20 is set to make a major headway in coordinated global regulation of crypto assets and finalise an action plan for financial inclusion. The G20 member nations have endorsed the recommendations of the Financial Stability Board (FSB) for the regulation and oversight of crypto.