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Financial Stability Board (FSB) to Work More on Stablecoin Risks in Emerging, Developing Economies

June 17, 2024
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“In rising market and growing economies (EMDEs), crypto-assets pose specific challenges for financial coverage and capital circulation administration,” the FSB mentioned. “Members mentioned the challenges posed by the comparatively increased ranges of adoption and dangers of worldwide stablecoin preparations in EMDEs. The FSB will undertake additional work to contemplate how these challenges might be addressed.”



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Tags: BoarddevelopingEconomiesEmergingFinancialFSBrisksstabilityStablecoinWork
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