FSB Chair Pushes Stablecoins to Top of Agenda Before Critical G20 Summit
Global regulators scramble to tame the stablecoin beast—before it rewrites the rules of finance.
The Regulatory Rush Is On
With the G20 looming, the Financial Stability Board's chief is cracking the whip on stablecoin oversight. No more 'wait-and-see'—2025's mantra is 'act first, ask questions later.'
Why Stablecoins? Why Now?
Pegged cryptocurrencies threaten to outmaneuver both central banks and commercial lenders. When a Meta-backed stablecoin can bypass SWIFT before breakfast, regulators wake up sweating.
The Irony Isn't Lost
After a decade of dismissing crypto as a 'fad,' the same institutions now race to control it—like bureaucrats building a dam during a flash flood. Too late? Probably. But the paperwork must go on.