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They welcomed the IMF-FSB Roadmap including Brazil, Canada, Germany, the crypto risks, including money laundering from crypto-asset activities and markets, including those related to stablecoins and DeFi.
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G20: Regulate Crypto, Not Ban It, IMF-FSB Paper Suggests - Business News Today - News9IMF, FSB say digital assets should not be legal tender, stablecoins need to be transparent. Sept 1, The G20 member nations endorsed the Financial Stability Board's (FSB) recommendations on regulation of crypto assets to mitigate. This paper focuses on unbacked crypto assets, such as bitcoin, and stablecoins, which may have stark implications for macrofinancial stability.
