FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’

FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’


“Jurisdictions have taken, or are considering, different approaches towards implementing the recommendations,” the FSB said in a statement Thursday. “To address the risk of regulatory arbitrage and harmful market fragmentation and the greater financial stability risks that could arise were stablecoins to enter the mainstream of the financial system, effective international regulatory cooperation and coordination are critical.”

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