Crypto Market Faces its Biggest Risk Yet as Central Banks Make a Surprising Move
Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to ...
Tag: FSB
Russia Decides to Outlaw Crypto as a Means of Payment
Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not ...
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the ...
BBC Investigation Links Russia’s FSB To $450M Exchange Collapse
A BBC investigation has revealed links between Russia's intelligence agency, the Federal Security Service (FSB), and the collapse of the Wex cryptocurrency ...
Int’l Finance Watchdog Appoints Japanese Cryptocurrency Regulator
The Financial Stability Board (FSB) has appointed Ryozo Himino, Japan’s top cryptocurrency regulator, as the new head of its Standing ...
Russian Secret Service Demanded $1M Bitcoin Bribe From Media Mogul
Bitcoin hit the headlines in Russia again this week after it emerged the country’s law enforcement had tried to extract ...
Financial Stability Board Pinpoints 4 Key Areas Crypto Needs to Clean Up
The Financial Stability Board (FSB) has warned that in the future, crypto-asset markets could disrupt the security of financial markets. ...
Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do ...
