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Financial Stability Board (FSB) to Work More on Stablecoin Risks in Emerging, Developing Economies

by SB Crypto Guru News
June 17, 2024
in Crypto Updates
Reading Time: 1 min read
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“In emerging market and developing economies (EMDEs), crypto-assets pose particular challenges for monetary policy and capital flow management,” the FSB said. “Members discussed the challenges posed by the relatively higher levels of adoption and risks of global stablecoin arrangements in EMDEs. The FSB will undertake further work to consider how these challenges can be addressed.”



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