FSB warns of crypto threat to financial stability

The report examines developments and associated vulnerabilities relating to three segments of crypto-asset markets: unbacked crypto-assets (such as bitcoin); stablecoins; and decentralised finance (DeFi) and crypto-asset trading platforms…

FSB misconduct risk report

FSB published its progress report on its work plan of Measures to reduce misconduct risk that it agreed in May 2015. The use of fines and sanctions acts as a deterrent to misconduct, but preventative approaches…