© Reuters. The Monetary Stability Board (FSB), the Global Monetary Fund (IMF), and the Bank for Global Settlements (BIS) will instruct papers and proposals setting up requirements for a worldwide crypto regulatory framework, the crew of the 20 biggest economies of the world — collectively identified as G20 — announced on Feb. 25.
According to a file summarizing the outcomes of the meeting with finance ministers and central monetary institution governors, the FSB will originate by July suggestions on the legislation, supervision and oversight of global stablecoins, crypto resources activities and markets.
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