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Global regulators and international governance mechanisms such as the Financial Stability Board (FSB) and G20 have important yet challenging roles to play in achieving more coherent regulation in regards to blockchain at an international level.
To date, the FSB has developed a framework for the G20 to monitor crypto-asset risks to the financial system,94 but it has not yet taken a broader look at cross- industry blockchain and DLT standards and codes.
If international industry bodies such as the BCBS- IOSCO or FSB can come up with relatively detailed،Global regulators and international governance mechanisms such as the Financial Stability Board (FSB) and G20 have important yet challenging roles to play in achieving more coherent regulation in regards to blockchain at an international level.
To date, the FSB has developed a framework for the G20 to monitor crypto-asset risks to the financial system,94 but it has not yet taken a broader look at cross- industry blockchain and DLT standards and codes.
If international industry bodies such as the BCBS- IOSCO or FSB can come up with relatively detailed
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