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Many stablecoins will fail to meet future regulatory standards, FSB warns

Stack of crypto coins
Photo: Getty Images

Martina Lindberg

1 min read
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Financial Stability Board expresses concern about vulnerabilities and potential risks of DeFi.

Financial Stability Board (FSB) Chair Klaas Knot has addressed some of the risks around digital assets and the wider use of decentralised finance (DeFi) in a letter to G20 finance ministers and Central Bank Governors.

“The events of the past year, such as the collapse of FTX, have highlighted the

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