Monetary Stability Board (FSB) to Work Extra on Stablecoin Dangers in Rising, Growing Economies

Monetary Stability Board (FSB) to Work Extra on Stablecoin Dangers in Rising, Growing Economies

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"In rising market and creating economies (EMDEs), crypto-assets pose explicit challenges for financial coverage and capital move administration," the FSB mentioned. "Members mentioned the challenges posed by the comparatively greater ranges of adoption and dangers of worldwide stablecoin preparations in EMDEs. The FSB will undertake additional work to think about how these challenges might be addressed."

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