Financial Stability Board

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

By Amitoj Singh

Jan 3, 2024 at 8:57 a.m. UTC

Jan 3, 2024

RegulationsBankEUEuropean Banking AuthorityMiCAcontagionFinancial Stability Board

Policy

Regulations

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB

A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

By Amitoj Singh

Nov 28, 2023 at 10:55 a.m. UTC

Nov 28, 2023

RegulationsFsbFinancial Stability BoardCryptoReportsPolicyG20

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

Regulations

G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India

On Monday, international standard-setter FSB called for tougher rules on safeguarding crypto clients’ assets.

By Amitoj Singh Jack Schickler

Jul 18, 2023 at 1:05 p.m. UTC

Jul 18, 2023

RegulationsIndiaG20Finance MinisterFsbFinancial Stability Board

Policy

Regulations

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

FTX and banking sector collapses show the need for stronger consumer protection, governance norms, the agency said.

By Jack Schickler

Apr 11, 2023 at 2:30 p.m. UTC

Apr 11, 2023

RegulationsIMFStablecoinsFinancial Stability Board

Consensus Magazine

Money reimagined

Has Tokenization’s Moment Finally Come?

Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the proce...

By Michael J. Casey

Mar 3, 2023 at 7:20 p.m. UTC

Mar 3, 2023

Money ReimaginedNewslettersOpinionTokenizationTokenized Assetstokenized stocksTokenized SecuritiesWisdomTreeBank for International SettlementsFinancial Stability BoardPolygon

Policy

Regulations

Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB

The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

By Camomile Shumba

Feb 20, 2023 at 9:00 a.m. UTC

Feb 20, 2023

RegulationsCryptoStablecoinsFsbFinancial Stability Board

European Commissioner Mairead McGuinness discussing crypto at the World Economic Form's annual meeting in Davos, Switzerland. (Nikhilesh De/CoinDesk)

Policy

Regulations

‘No Point’ to European Union's Crypto Rules Unless World Follows Suit, Official Says

FTX's collapse may have added fuel for those seeking stricter crypto rules, but even the good guys may get it wrong, Mairead McGuinness told CoinDesk.

By Jack Schickler

Jan 19, 2023 at 5:41 p.m. UTC

Jan 19, 2023

RegulationsEUFinancial Stability BoardMairead McGuinnessMiCA

The Financial Stability Board is based in Basel, Switzerland. (carmengabriela/Getty Images)

Policy

Regulations

TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse

Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits

By Jack Schickler

Jan 4, 2023 at 5:11 p.m. UTC

Jan 4, 2023

RegulationsFTXFTX CollapseFinancial Stability BoardFinancial StabilityConsumer Protection