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Financial Stability Board calls for stricter global crypto norms after FTX, Celsius scandals

The Monetary Stability Board (FSB), a grouping of regulators from practically two dozen jurisdictions together with the US, EU, China and the UK, revealed suggestions to make sure “coherent and complete” regulation of the sector. The suggestions construct on proposals initially issued in October and are targeted on curbing the alleged conduct by corporations corresponding to FTX and Celsius.

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