The European arm of the Financial Stability Board, which consists of central bankers, G20 Leaders, and financial regulators, reviewed the pressing need for regulation for crypto conglomerates in light of “recent events” and approved its study on stablecoins in October. As markets are in disarray following the alleged collapse of major exchange FTX, European financial stability watchdogs on Thursday urged swift action to regulate crypto conglomerates. FSB Europe – Team of G20 Members FSB Europe, a team of G20 members from Europe, along with representatives from the European Commission and European Banking Authority, who attended the frequent meetings in Lisbon, The post European G20 Leaders Want Immediate Control of Crypto Conglomerates appeared first on Cryptoknowmics-Crypto News and Media Platform .
