The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins for October of this year. And the FSB’s leader, Klaas Knot, has already volunteered to write a crypto rulebook that could cover financial stability and investor protection issues.
USDC Issuer Circle Files to Shift Legal Base to U.S. From Ireland Ahead of Planned IPO: Bloomberg
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