The FSB to Take Up Crypto Regulation This Year

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The FSB will prioritize creating global regulations for the digital asset industry and regulating artificial intelligence, according to their report on plans for 2024.

One main goal is to effectively implement a consistent regulatory framework for cryptocurrencies, relevant markets, and international stablecoins.

The organization also highlighted their work on tokenization of real-world assets and its potential effects on the global economy.

In November, the FSB will release a report for the G20 on the latest developments in artificial intelligence, its potential impact on financial stability, and the risks of cybersecurity threats.

The report also noted the increasing need for close monitoring of cryptocurrency markets, particularly following the recent approval of spot Bitcoin ETFs in the US.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.