Summary of document history
On 11 October 2022, the FSB published a proposed framework for the international regulation of crypto-asset activities. The core components of this framework were proposals for
- recommendations that promote the consistency and comprehensiveness of regulatory, supervisory and oversight approaches to crypto-asset activities and markets and strengthen international cooperation, coordination and information sharing; and
- revised high-level recommendations for the regulation, supervision, and oversight of “global stablecoin” arrangements to address associated financial stability risks more effectively.
Interested parties were invited to provide written comments by 15 December 2022. The public comments received are available below.
Responses received
- ACI Financial Markets Association
- Alistair Milne
- Alternative Investment Management Association
- American Banker’s Association
- Association for the Development of Crypto-Assets
- Banca Sella
- Bank Policy Institute The Clearing House
- Banking Association South Africa
- Binance public
- Bitso
- Blockchain for Europe
- Canadian Bankers Association
- Cardano Foundation
- CBOE Global Markets
- Centre for Research on Multinational Corporations
- Chamber of Digital Commerce
- Circle
- Coinbase
- CoinDCX
- ConsenSys
- Crypto Council for Innovation
- Daniel Calloway
- Deutsche Borse Group
- Digital Currencies Governance Group
- EY
- Federation of European Securities Exchanges
- Field Technologies
- GBBC Digital Finance
- Global Association of Central Counterparties
- Global Digital Asset and Cryptocurrency Association
- Global Financial Markets Association
- Global Legal Entity Identifier Foundation
- IDAXA
- Independent Community Bankers of America
- Institute and Faculty of Actuaries
- Institute of International Finance
- IOTA Foundation
- R3
- Ripple
- Standard Chartered
- State Street
- Stellar Development Foundation
- UK Finance
- University of East London Centre of FinTech
- US Chamber of Commerce
- Verafin
- Vidhi Centre for Legal Policy
- World Federation of Exchanges
- World Savings and Retail Banking Institute and European Savings and Retail Banking Group
The FSB thanks those who took the time and effort to express their views. The FSB expects to publish the final reports in July 2023.