defi ·
FSB urges Turkey to tighten crypto oversight, set stablecoin rules
The Financial Stability Board has called upon Turkey to strengthen its regulatory supervision of digital assets, specifically advocating for the establishment of clear rules concerning stablecoins.
Furthermore, the Board acknowledged advancements in the area of crypto licensing while simultaneously pressing for more robust enforcement measures and enhanced collaboration with international regulatory bodies.
This directive from the Financial Stability Board underscores a global focus on standardizing and increasing the oversight applied to decentralized finance mechanisms and related digital instruments.
