Friday, 24 March, 2023

G20 to come up with new international regulations for cryptocurrencies

<p>The Financial Stability Board, which brings together regulators and finance ministers from the G20 economies, is looking into what should be done with crypto assets like bitcoin and stablecoins. Cryptocurrencies are treated differently across the world with some countries banning them or some having no rules at all. Robert Ophele, a member of the FSB has said that the crypto menace went under the radar for the regulators as it did not pose a threat to financial stability.</p>