Global Regulators 'Going Full Steam' on Crypto — Official Says 'Current Structure Is No Longer Fit for the Purpose' – Regulation Bitcoin News

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Global Regulators 'Going Full Steam' on Crypto — Official Says 'Current Structure Is No Longer Fit for the Purpose' – Regulation Bitcoin News
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“The current structure is no longer fit for the purpose with the development of cross-border digital market activities.” crypto cryptocurrency bitcoin $BTC

Global Regulators 'Going Full Steam' on Crypto — Official Says 'Current Structure Is No Longer Fit for the Purpose'

The FSB is an international body that monitors and makes recommendations about the global financial system. Ophèle is also the second deputy governor of the Bank of France, the French central bank. I do expect that for some of them, we do have international regulatory convergence … primarily stablecoins and digital asset service providers.

I do think we could achieve, deliver on these issues in the next few quarters … the FSB is going full steam on this issue.

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