FSB to study DeFi’s potential stability risks and vulnerabilities
The FSB states that “specific features” of DeFi may see some of its vulnerabilities “play out differently”.
The FSB states that “specific features” of DeFi may see some of its vulnerabilities “play out differently”.
The FSB is calling for regulation of cryptoasset activities on an international level.
Emerging scale could pose challenges, says FSB chair
At the recent G20 meeting in Germany, Financial Stability Board (FSB) briefed leaders on its efforts to arrest the decline in correspondent banking relationships. FSB also presented the results of a survey of more than 300 banks in 50 countries, supplemented by Swift payments data, which showed that the number of correspondent banking relationships continues to decline globally.
Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, has issued a report analysing the potential financial stability implications from fintech.
Fintech zeitgeist! Welcome to the third in a new series of brief reports. Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week we welcome the views of guest writer Soumik Roy. Last week, […]