International Regulation of Crypto-asset Activities - A Proposed Framework: Overview of responses to the consultation
On 11 October 2022, the FSB published a proposed framework for the international regulation of crypto-asset activities. The core components of the framework were proposals for recommendations that promote the consistency and comprehensiveness of regulatory, supervisory and oversight approaches to crypto-asset activities and markets; and revised high-level recommendations for the regulation, supervision, and oversight of “global stablecoin” arrangements to address associated financial stability risks more effectively.
The FSB received 54 responses to the consultation which ended on December 15, 2022.
This document summarises the comments made in the public consultation and sets out the main changes made to the final recommendations in order to address them.