Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to heavily regulate or even ban them, the Crypto market now faces its biggest threat yet. Financial Stability Board (FSB) Recommendations Brutal for Digital Assets In a document published yesterday, the Financial Stability Board (FSB) outlined its concerns about stablecoins in the global financial market. Since stablecoins “enhance the efficiency of the provision of financial services,” […]
