Global Cryptoasset/Stablecoin Standards
Speaking for global banking, securities, and insurance regulators, the Financial Stability Board has taken its firmest stand to date on cryptoassets and outlined high-level and often principles-based global standards to govern them going forward. Although generally limited to financial stability and often couched in broad terms, these global standards would generally track the very crypto-cautious stand taken by U.S. regulators as well as policy set by the Securities and Exchange Commission, not that also of the Commodity Futures Trading Commission when it comes to cryptoassets that cross traditional sectoral boundaries.