G20's Financial Stability Board wants to regulate stablecoins

The financial oversight arm of the G20, called the Financial Stability Board (FSB), has issued a report that calls for increased regulations over the stablecoin market. The report recognizes that G20 member states have limited control over how stablecoins could be regulated, as the stablecoin companies and custodians can simply choose to operate in nations that don't regulate the tokens. The FSB thinks that popular stablecoins could become systemically important, which puts national regulators in a difficult position.

According to the report,

“The decentralized nature of GSC (global stablecoin) arrangements could pose governance challenges; stabilization mechanisms and redemption arrangements could pose market, liquidity, and credit risks.”

Why it matters:There is little doubt that major central banks, like the Federal Reserve, Bank of England, and European Central Bank, are going to roll out Central Bank Digital Currencies (CBDCs) in the near future. Unfortunately for the banks, the market beat them to the punch, and has created stablecoins that are beyond their ability to regulate effectively. This leaves the banks and governments that rely on fiat currency in a bind, as any major CBDC could effectively be collateralized, and used outside of their network almost immediately after it is issued. As there is little in the way of a coordinated global effort to control cryptos, effective regulation is likely impossible.

Check our guide of the most promising crypto

Read more

Michigan Joins State Crypto Policy Wave With Bills on Mining, CBDCs and Retirement Funds

Michigan Joins State Crypto Policy Wave With Bills on Mining, CBDCs and Retirement Funds

Michigan lawmakers introduced four cryptocurrency bills on May 21, 2025, according to Cointelegraph. The legislative package addresses pension fund investments, central bank digital currency restrictions, Bitcoin mining at abandoned wells, and related tax policies. State Pension Fund Bitcoin Investment House Bill 4510, introduced by Representative Bill Schuette, would permit Michigan&

By Albert Morgan
97th Reason For National Bitcoin Reserve: Reliable On-Off Ramps Help Businesses Compete Internationally

97th Reason For National Bitcoin Reserve: Reliable On-Off Ramps Help Businesses Compete Internationally

Government-backed cryptocurrency infrastructure fundamentally changes how businesses operate across borders. When nations establish formal partnerships with exchanges and payment processors, they create predictable conversion pathways between Bitcoin and local currencies. This infrastructure allows exporters to receive payments instantly from anywhere, while e-commerce platforms can accept global customers without traditional banking

By Albert Morgan