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Global Digital Assets Digest: September 2023

Virtual digital assets regulation in G20 countries: Towards a global governance

Global financial authorities say targeted restrictions on crypto assets could be justified to manage risks

When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'

FSB And IMF Outline Comprehensive Approach To Identify And Respond To Macroeconomic And Financial Stability Risks Associated With Crypto-Assets

FSB And IMF Outline Comprehensive Approach To Identify And Respond To Macroeconomic And Financial Stability Risks Associated With Crypto-Assets
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G20 leaders may lay down crypto regulation blueprint

A synthesis paper prepared by the International Monetary Fund (IMF) and Financial Stability Board (FSB) at the behest of the G20 Finance Ministers and Central Bank Governors on overall crypto asset regulation will be taken up by the leaders. “The synthesis paper will lay down a comprehensive roadmap and building blocks for a coordinated global regulatory framework… Leaders will take a final call on this,” said a senior government source.

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