FSB calls for cross-border information sharing and stablecoin crisis planning
- —FSB urged regulators to share information across borders on stablecoins
- —Reserves of multi-jurisdiction coins can be trapped in one country
- —Redemption demands may hit a different jurisdiction
- —This complicates cross-border crisis response
Why it matters: Tighter global oversight of stablecoins could reshape reserve and issuer requirements.
Source: CoinDesk