❗️❗️❗️Global Crypto News ❗️❗️❗️— Big Moves, Big Questions
1. Regulatory Gaps Raise Red Flags❗️
The Financial Stability Board (FSB), the G20’s risk-monitoring body, has issued a stark warning: global crypto regulation remains fragmented and inconsistent, despite earlier calls for unified rules.
The FSB’s latest review stresses urgent cross-border cooperation because current rules are not enough to manage systemic risk, especially as the size of the crypto market has roughly doubled to $4 trillion over the past year.
In particular, stablecoins are under the microscope: many jurisdictions still don’t have robust frameworks for them, despite their growing importance. ❗️❗️