🌐 The Financial Stability Board (FSB) has big plans for 2024! They're focusing on effective implementation of global regulatory frameworks for crypto-assets, markets, and stablecoins. 🚀
Key points:
- FSB's Work Programme for 2024 includes tracking digital innovations like tokenization and AI.
- They developed a global regulatory framework for crypto in July 2023, recommending segregation of clients' digital assets and tight cross-border cooperation.
- FSB is also exploring asset tokenization projects and assessing financial stability implications.
- Reports on financial stability implications of tokenization and AI are expected in October and November 2024, respectively.
- They're working on a format for incident reporting exchange (FIRE) to improve consistency in cyber incident reporting.
Stay tuned for more exciting developments in the world of crypto and AI! 😎