Response to the FSB consultation on regulation, supervision, and oversight of crypto-asset activities and markets

The fast-evolving crypto-asset markets might pose risks to the global financial system. Therefore, there is a need for effective international regulation and oversight. In this respect, FESE welcomes FSB recommendations and the proposed framework for the regulation of crypto-asset activities. The international approach to crypto-asset markets should incorporate technology neutrality and  “same business, same risks, same rules” principles while upholding values of transparency, fairness, stability, investor protection, and market integrity.