financial stability board

GANDHINAGAR: The recommendations of the Financial Stability Board (FSB) on crypto assets, released on Monday, have not dealt with several areas crucial to regulate the instrument, a top Indian official said after the agency set up by the…

The Financial Stability Board (FSB), a body that oversees recommendations about the global financial systems, has called for a global set of rules to govern the crypto sector. The FSB has evidently chimed-in with India's vision as well.…

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20's Financial Stability Board said on Monday.The FSB published on…

GANDHINAGAR: The government is hopeful of its key issues in the finance track — ranging from the reform of multilateral development banks to loan restructure for stressed nations, cryptocurrency and digital public infrastructure — finding…

Members of the G20 agree that a globally coordinated understanding would be required not only to deal with the challenges posed by crypto assets but also to regulate them, Union Finance Minister Nirmala Sitharaman has said. The grouping has…

There is a global consensus that the central bank digital currency (CBDC) will be useful for more efficient cross-border payments and distribution of funds during a crisis like the pandemic, the Reserve Bank of India (RBI) has said.Quoting…

Over seven per cent of Indians owned digital currency in the form of cryptocurrency in 2021, the United Nations trade and development body UNCTAD revealed. UNCTAD highlighted that the use of cryptocurrencies globally, including the…

The Financial Stability Board, which groups regulators, central banks and finance ministry officials from the G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins. Regulators came late to…

London: Regulators came late to the fast-evolving cross-border world of crypto assets but they could come up with their first global framework of rules within months, a senior official said on Wednesday. The Financial Stability Board, which…