'Robust' Regulations Needed in Crypto & Stablecoin Sector, Says G20 Advisory Body Ahead of Its Report in October

One of the world's leading financial policy-making organizations said that it will tell governments to step up their supervision of stablecoins later this year - against a "backdrop of the recent turmoil" in the crypto sector. In a press release from the Financial Stability Board (FSB), which advises the G20 on economic policy matters, the body claimed it was "working to ensure" that cryptoassets were "subject to robust regulation and supervision."...