Regulators need common crypto asset standards – policy-makers
“Too many” crypto assets created to avoid regulation, official tells Central Banking summit
A global lack of cooperation around crypto asset standards risks firms falling outside the regulatory perimeter and puts consumers at risk, several policy-makers say.
Speaking at Central Banking’s FinTech and RegTech Global Supervisory Summit on October 29, the policy-makers agreed central banks and regulators needed harmonised international standards for crypto assets.
“There are too many examples of crypto assets and stablecoins coming to the market whose primary objective is to try and
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