
Global watchdogs flag risks as digital assets move deeper into banking
- —FSB: global stablecoin arrangements are inherently cross-border while oversight mechanisms remain immature
- —68% of Australian retail CFD traders lost money in 2023-24, totaling over AUD 458 million
- —ASIC proposes extending CFD protections for 10 years and covering digital-asset-settled derivatives
- —Jeonbuk Bank became South Korea's first commercial bank to accept Bitcoin as loan collateral
Why it matters: Tighter, coordinated oversight of stablecoins and AI could reshape rules for issuers and banks integrating digital assets into traditional finance.
Source: CoinGeek
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