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Crypto-assets risks for financial stability should be prioritized by the FSB, EU says

By Jean Comte ( April 11, 2024, 10:04 GMT | Insight) -- Crypto-assets risks for financial stability should be addressed by the Financial Stability Board, or FSB, according to the EU draft mandate for the next G20 meeting, seen by MLex. The document also mentions the needs to implement global banking reform and to explore further options to regulate non-banking financial intermediaries.Risks posed by crypto-assets to financial stability should be a top priority for the Financial Stability Board, according to the draft EU mandate for the G20 meeting of Finance ministers and Central banks governors, seen by MLex. The document, due to be adopted tomorrow by EU finance ministers, sums up their common position for the meeting, set to take place next week in Washington....

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