Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»FSB 2024 Agenda: Strengthening Cryptocurrency Regulation and Embracing AI”
ADOPTION NEWS

FSB 2024 Agenda: Strengthening Cryptocurrency Regulation and Embracing AI”

By Crypto FlexsJanuary 26, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
FSB 2024 Agenda: Strengthening Cryptocurrency Regulation and Embracing AI”
Share
Facebook Twitter LinkedIn Pinterest Email

The Financial Stability Board (FSB) has published its 2024 work program, highlighting a robust approach to the regulation of crypto assets and a sharp focus on the financial impact of digital innovation. Tokenization And artificial intelligence (AI).

The FSB, the international body that oversees the global financial system, has drawn up a comprehensive plan for 2024 that centers around the need to streamline the implementation of a global regulatory framework for cryptocurrency asset activities, an initiative that began taking shape last July. 2023. The framework requires cryptocurrency platforms to separate customers’ digital assets from the platforms’ own funds, ensuring a clear separation of interests and strengthening cross-border regulatory cooperation and oversight.

The FSB’s 2024 roadmap outlines a dual focus. First, in response to the lessons learned from the banking chaos of March 2023, we prioritize fully implementing the key attributes of an effective resolution regime for financial institutions across all sectors. Second, we aim to leverage the benefits of digital transformation by: We diligently curb AI, tokenization, and the risks that come with it.

Another important area of ​​the FSB’s work is strengthening cross-border payments. The FSB is committed to working with the Committee on Payments and Market Infrastructures (CPMI) to develop a cohesive set of actions and frameworks to achieve real progress by 2027. This includes issuing recommendations to promote alignment and interoperability of cross-related data frameworks. -Strengthen cross-border payments and strengthen regulation and supervision of banks and non-banks that provide these services.

In the area of ​​cryptocurrency regulation, the FSB plans to publish progress reports throughout the year, focusing on the interoperability of models that facilitate cross-border payments and extending these principles to global regulation for banks and non-banks navigating the cryptocurrency sector. . FSB’s approach emphasizes the importance of innovation in cryptocurrency markets, tokenization, AI and global stablecoin development.

Regarding tokenization, the FSB aims to finalize work on the impact of tokenization of real assets on financial stability, which is a growing trend as major banks increasingly adopt blockchain technology. The FSB will prepare a G20 report on recent developments in AI and its potential impact on financial stability. This report is scheduled to be published in November 2024, and the report on tokenization is scheduled to be published in October.

A key aspect of the FSB program is strengthening cyber resilience. In April 2023, the FSB proposed a standard format, called the Incident Reporting Exchange Format (FIRE), to enable financial institutions to report incidents, facilitating the exchange of information between authorities. The initiative aims to improve consistency in cyber incident reporting by promoting greater convergence when financial institutions report incidents to financial authorities.

This comprehensive approach from the FSB not only strengthens the global financial infrastructure against new digital risks, but also ensures a harmonious development into the digital financial era while balancing innovation and stability.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stellar (XLM) Soroban Audit Bank Smart Contract Security Improvement

June 2, 2025

Flux.1 KONTEXT: Edit Image Editing as a Multimodal Model

June 2, 2025

Robin to be presented at the Global Exchange Meeting in June 2025

June 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stellar (XLM) Soroban Audit Bank Smart Contract Security Improvement

June 2, 2025

Flux.1 KONTEXT: Edit Image Editing as a Multimodal Model

June 2, 2025

Genzio podcast | Vault12 encryption inheritance and asset management | Toronto

June 2, 2025

TRON (TRX) sets a new record for monthly transmission in May.

June 2, 2025

Robin to be presented at the Global Exchange Meeting in June 2025

June 2, 2025

Dogecoin deep 16%a week, but $ 0.25 rally can be loaded. how?

June 2, 2025

The BNB chain improves the new AI BOT Initiative and AI integration.

June 2, 2025

Solana Price prediction: ETF Hype vs. Risk of unlocked -Is it a drop of $ 130 on the horizon?

June 2, 2025

The CZ suggests a dark full dex to suppress the operation.

June 2, 2025

Analysts said that XRP could fall to $ 1.70.

June 2, 2025

PRIMEXBT expands its global reach with FSCA regulatory password asset service.

June 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stellar (XLM) Soroban Audit Bank Smart Contract Security Improvement

June 2, 2025

Flux.1 KONTEXT: Edit Image Editing as a Multimodal Model

June 2, 2025

Genzio podcast | Vault12 encryption inheritance and asset management | Toronto

June 2, 2025
Most Popular

Hong Kong’s approval of spot Bitcoin and Ethereum ETFs sparks cryptocurrency market recovery

April 15, 2024

Avalanche users pay $13.8 million in fees for five days of inscriptions.

December 18, 2023

Hong Kong cryptocurrency exchange license application fee cheaper than expected: report

June 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.