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FSB warns on gaps and inconsistencies in global crypto regulation

Bitcoin illustration with a black background
Crypto prices have reached record highs this year, but regulatory inconsistencies remain a concern. Photo: Peter Dazeley/Getty Images

Hameed Shuja

4 min read
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The warning comes at a time of increased debate in jurisdictions around the world about how to regulate crypto.

Financial instability could result from jurisdictions around the globe not fully implementing Financial Stability Board (FSB) recommendations for regulating crypto assets, the global watchdog has warned.

The Thematic Review on FSB Global Regulatory Framework for Crypto-asset Activities shows some progress in regulating crypto asset markets and activities, but warns that

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