The siren song of crypto regulation is strong with several G7 officials.
the crypto sphere. There were warning signs that the G7 ministers would be addressing the problem at their meeting.in Paris on Tuesday, said, “Crypto assets could disrupt the international financial system if they are not regulated, overseen and interoperable in a consistent and appropriate manner across jurisdictions.” He added, “We will probably [...] discuss these issues among many others at the G7 meeting in Germany this week.
The Financial Stability Board is an advisory body associated with the Bank of International Settlements. Its members represent institutions from 24 countries and several international organizations. It has no enforcement authority.
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