StormGain Publishes Latest Crypto Market Report

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think of the tool as a supplement.the UK and the US are two of the worlds leading digital asset destinations already looking at the stablecoin market.

adjustments to regulatory approaches and implementing oversight standards will align various governments with the roadmap set out under the Financial Stability Board (FSB).The regulatory focus on stablecoins follows efforts by governments to launch central bank digital currenciesA meeting involving finance chiefs from the worlds top 20 largest economies has called for more oversight over the stablecoin sector as part of a wider global regulatory framework.

the policymakers felt there is more that can be done regarding the challenges facing the use of stablecoins.regulatory and oversight requirements are adequately addressed through appropriate design and by adhering to applicable standards.