The Financial Stability Board has published a report on crypto-assets outlining the actions being undertaken by various international organizations in response to the challenges posed by crypto-assets and the FSB's own proposed course of action for the year ahead. The report will be delivered to G20 Finance Ministers and Central Bank Governors at the next G20 meeting in Japan on June 8-9, 2019.
The report examines the work of the following organizations in monitoring and/or regulating the crypto-asset market:
The report also notes that regulatory approaches to crypto-assets vary across jurisdictions, which could lead to discrepancies in the treatment of assets. The FSB considers that the rapid technological evolution of crypto-assets should influence the approach regulators take. In particular, FSB members have agreed that risk assessments will need to be forward-looking.
View the FSB's report.
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