The Group of 20 (G20), led by India's Finance Minister, Nirmala Sitharaman, has expressed its support for the Financial Stability Board's (FSB) high-level recommendations regarding crypto asset activities and global stablecoin protocols.
Russia is set to join an increasing number of nations exploring the digital currency sphere amidst its ongoing invasion of Ukraine, which has led to its growing global isolation.
The UK’s financial watchdog, the Financial Conduct Authority (FCA), warned that cryptocurrency memes failing to comply with financial promotion regulations could potentially lead to criminal offenses.
Top stories in the Crypto Roundup today:
- G20 Nations Back FSB’s Tougher Crypto Rules
- Russia Moves Forward With Digital Ruble Trials
- FCA Warns Crypto Memes Are Subject to Financial Promotion Rules
- XRP Ruling Caught Market Participants Off Guard