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FSB Global Regulatory Framework for Crypto-Asset Activities 2023 - High-Level Recommendations for Crypto-Asset Markets, Activities and Global Stablecoin Arrangements

This regulation establishes a global framework for the regulation, supervision, and oversight of crypto-asset activities and global stablecoin…

What FSB Global Regulatory Framework for Crypto-Asset Activities 2023 - High-Level Recommendations for Crypto-Asset Markets, Activities and Global Stablecoin Arrangements requires

This regulation establishes a global framework for the regulation, supervision, and oversight of crypto-asset activities and global stablecoin arrangements, based on the principle of 'same activity, same risk, same regulation'. It applies to crypto-asset issuers, service providers, and global stablecoin arrangements posing potential financial stability risks, with strengthened requirements on client asset safeguarding, conflict of interest management, and cross-border cooperation.

Pillar: Crypto & Sovereign Finance · Authority: Financial Stability Board · Version: 1.0.0 · Last updated:

Primary source: https://www.fsb.org/2023/07/fsb-finalises-global-regulatory-framework-for-crypto-asset-activities/

SHA-256 integrity: f826cb9fe6dfbc1be9c90e29e56fb045a4331b35d7272ec6fcf2d2067578914a

Primary Citations — 5 traced to source

  • FSB Global Regulatory Framework for Crypto-asset Activities - High-level recommendations for the regulation, supervision and oversight of crypto-asset activities and markets
  • FSB Global Regulatory Framework for Crypto-asset Activities - Revised high-level recommendations for the regulation, supervision, and oversight of 'global stablecoin' arrangements

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