🌐 Big news in the crypto world! Andrew Bailey, Governor of the Bank of England, is set to become the next chair of the Financial Stability Board (FSB), the G20's financial overseer. Starting July, Bailey will lead the FSB for a three-year term, focusing on the regulation of crypto-assets and global stablecoins.

- The FSB recently finalized its recommendations for regulating these digital assets, emphasizing their potential impact on financial stability.

- Bailey's experience in developing the FSB's global regulatory framework for crypto makes him a strong candidate for this role.

What are your thoughts on Bailey's appointment? Share in the comments!