The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins for October of this year. The FSB’s leader, Klaas Knot, has already volunteered to write a crypto rulebook that could cover financial stability and investor protection issues.
G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
