financial stability board

BigTech vs. FinTech: Whom Financial Institutions Should Fear More?
February 18th, 2019

While banks are afraid of the competition with FinTech startups, they forget about BigTech companies that can be really serious rivals for them, according to experts from Financial Stability Board.

G20 to Review Global Anti-money Laundering Standard on Cryptocurrency in October
July 23rd, 2018

G20 member countries held a summit devoted to digital assets. Currently, they are looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency.

Bitcoin Price Rises above $8,500 after Positive News from G20 Regulators
March 20th, 2018

Bitcoin and other cryptocurrencies show recovery after positive comments from the Financial Stability Board. Today’s discussion of the G20 ministers will put more light on the state of crypto regulations.

‘Cryptocurrencies Don’t Pose Risks to Financial Stability,’ Says G20 Watchdog Mark Carney
March 19th, 2018

In the run-up-to G20 summit, the news about the FSB’s positive approach to cryptocurrencies has resulted in an optimistic upturn in the market.