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G20 Pushes for Strict Regulation on Stablecoins Amid Financial Stability Concerns

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by COINS NEWS 98 Views

G20 Pushes for Strict Regulation on Stablecoins Amid Financial Stability Concerns

The rapid expansion of stablecoins, particularly in emerging economies, has alarmed the Financial Stability Board (FSB). This international organization, established by the G20 to monitor global financial stability, has called for stringent regulations to mitigate potential risks associated with the widespread use of these digital currencies.

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