The G20 came together last weekend and one subject seems to have united them, crypto assets and accepting the recent findings from the FSB report on

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The G20 came together last weekend and one subject seems to have united them, crypto assets and accepting the recent findings from the FSB report on Assessing the risk to financial stability of crypto assets. With acceptance that current gaps in regulatory oversight needs to be addressed, in a clear sign that crypto and digital assets will receive regulatory attention.

Concerns were raised about the impact of a run on stable coins in the future, that could create a similar outcome to the 2008 financial crisis. Unless action is taken now.

Ted Dziekanowski Brian McCarthy Jason Spezzano

#cryptocurrency‚ #cryptoregulation‚ #cryptoassets‚ #crypto‚ #nft‚ #cyberlaw‚ #regulations‚ #cybersecurity‚ #cyberriskmanagement
#compliance‚ #regulatorycompliance‚ #regulatoryoversight‚ #regulation‚ #cbdc‚ #aml‚ #kyc‚ #sec

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