Crypto Rules Likely To Follow European Models As U.S. Fiddles

Written by on October 19, 2022

FSB to Present Global Crypto Regulation Plan To Finance Ministers

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U.S. dithering in creating clear rules for cryptocurrencies is putting European countries in the driver’s seat for deciding worldwide regulations as the world’s largest economies prepare to receive recommendations for how to proceed.

The Financial Stability Board (FSB) is set to release new plans Wednesday or Thursday on global crypto regulation that could affect how the Group of 20 countries tackle decentralized finance by revamping old policies or creating an entirely new system . . .



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