FSB Flags Cross-Border Stablecoin Regulation Gaps to G20
The Financial Stability Board warned G20 leaders that global stablecoin regulation remains inconsistent, particularly for foreign-issued tokens, raising systemic oversight concerns.
What we know
The FSB published a report accompanying Chair Andrew Bailey's letter to G20 leaders, outlining fragmented cross-border oversight for stablecoins — with particular concern around foreign-issued tokens operating across jurisdictions without harmonized rules. This comes as RLUSD gains institutional traction and as Europe reportedly moves to exclude Tether.
Sources
“FSB warns global stablecoin rules remain uncertain across borders, particularly for foreign-issued tokens”
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