Janet Yellen Francois Villeroy De-Galhau Usa Britain Canada France Italy Germany Japan city Paris Stablecoin regulation Janet Yellen Francois Villeroy De-Galhau Usa Britain Canada France Italy Germany Japan city Paris

G7 financial officials call on Financial Stability Board to step up crypto regulation—report

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cointelegraph.com

The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained.

The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a G7 foreign ministers’ meeting earlier in the week.The turmoil referred to was the de-pegging of the TerraUSD (UST) stablecoin that began May 8 and sent shockwaves throughout the crypto sphere.

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