FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI - Qoneqt
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    Sonal Shridhar Shinde in Crypto News

    27 Jan 09:23 AM

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    FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI

    The Financial Stability Board (FSB) has outlined its 2024 agenda, focusing on bolstering regulatory frameworks for cryptocurrencies and embracing artificial intelligence (AI) in financial systems. This strategic move reflects the global financial watchdog's commitment to staying ahead of emerging challenges and harnessing technology for regulatory effectiveness.

    Crypto regulation remains a priority for the FSB amid the rapid growth of the digital asset market. The agenda aims to enhance transparency, mitigate risks, and ensure market integrity while fostering innovation. Additionally, embracing AI is seen as crucial for enhancing regulatory efficiency and surveillance capabilities, enabling more proactive risk management and compliance monitoring.

    By addressing these key areas, the FSB seeks to promote financial stability and safeguard the integrity of global financial markets in an increasingly digitized and interconnected world.

    #FSB #CryptoRegulation #AI #FinancialStability #RegulatoryFramework
    Source: Blockchain News

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