Hey Guys,
What would you say if I told you that the crypto crackdown we're seeing in the United States will be coming to other countries around the world? Well, this looks likely, and that's because of the the Financial Stability Board or FSB's upcoming global crypto regulations.
The those unfamiliar, the FSB is a sort of subsidiary of the Bank for International Settlements or BIS, the bank for central banks. It should come as no surprise then that the FSB is as anti-crypto as its parent institution, and has a very specific hatred for stablecoins.
Although the FSB's global crypto regulation recommendations won't be published until the summer, past and present comments by its members and its recent crypto reports shed some light on what they could look like. That's exactly what I'm unpacking for you today.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► FSB Full DeFi Report: https://www.fsb.org/wp-content/upload…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
