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G20 Summit 2023: India's G20 Presidency Advances Global Consensus on Crypto Assets RegulationThis paper focuses on unbacked crypto assets, such as bitcoin, and stablecoins, which may have stark implications for macrofinancial stability. The European Union has already approved the world's first comprehensive set of rules for cryptoasset markets, but the FSB's "global baseline". Sept 1, The G20 member nations endorsed the Financial Stability Board's (FSB) recommendations on regulation of crypto assets to mitigate.
