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Came across an interesting document from the
Financial Stability Board in 2019

Pay attention to the FSB if you are involved with crypto as they are an important Standard Setting Body (SSB)

-Thread on the slides-
#Crypto #DLT #Fintech #FSB #Innovation #Banking #Regulations #XRP ImageImage
1. 1st picture they were working on creating Stablecoin regulation in 2020 and monitoring crypto assets.

• 2nd picture is from my video showing the G7 supports the work of the FSB and other SSBs ‼️

#G7 Video on #Digitalization, #CBDCs & Crypto Reg.
ImageImage
2. Crypto Assets, Stablecoins and CBDC's
Mentions:
#BTC
#ETH
#XRP
#LTC
#EOS

#Crypto #Blockchain #Fintech #regtech #FSB #DLT Image
Read 16 tweets
Different types of private #firms have different appeals and demands, so different approaches are adopted to support them now. Local #governments, out of social #stability considerations, mainly channel their support towards large firms that are major #employment contributors.
#State-owned #asset platforms are more concerned about #profitability for fear of loss or reduction of state assets. #Securities companies which have a lot of #equity #pledge worry more about how to address #risks related to the pledges.
#Banks are more willing to support private #firms which not only run well but also have adequate #capital. These #entities all make rational choices, but in the long run, there are still rules and standards to be set. By Xiao Gang, former #CSRC Chairman.
Read 3 tweets

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