The Block (@TheBlockCo): THE BLOCK: The Financial Stability Board warned that global stablecoin rules remain uncertain across borders, particularly for foreign-issued tokens.
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THE BLOCK: The Financial Stability Board warned that global stablecoin rules remain uncertain across borders, particularly for foreign-issued tokens. In a report accompanying Chair Andrew Bailey's letter to G20 leaders, the watchdog outlined cross-border oversight, information sharing, and planning for stablecoin failures, alongside implementation of its 2023 recommendations.