![G-7-Finance-Ministers-Call-to-Accelerate-Global-Crypto-Regulations-Following.jpg G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report](https://cryptotoptrends.com/wp-content/uploads/2022/05/G-7-Finance-Ministers-Call-to-Accelerate-Global-Crypto-Regulations-Following-678x381.jpg)
The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins for October of this year. The FSB’s leader, Klaas Knot, has already volunteered to write a crypto rulebook that could cover financial stability and investor protection issues.
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