The post FSB Proposes Stringent Global Crypto Regulations to Curb Wire Fraud and Scams appeared first on Coinpedia Fintech News
The Financial Stability Board (FSB) released a comprehensive report on November 28, 2023, outlining significant recommendations for regulating the cryptocurrency sector. This initiative, aimed at curbing wire frauds and scams, marks a pivotal step in aligning crypto-providers with stringent global financial standards. Key Objectives of the FSB Report: The FSB’s report primarily targets Multifunction Crypto-asset …