• The FSB has said that it will continue to lead crypto policy efforts until 2024.
  • The organization plans to release reports about crypto, tokenization, and AI and implement its global regulatory framework on crypto.

In a letter sent to the finance ministers of the Group of 20 countries , Klaas Knot stated that crypto assets, tokenization, and artificial intelligence (AI), remain top priorities for the Financial Stability Board.

The letter was sent on Monday, ahead of the G20 meeting in Sao Paulo scheduled for Wednesday and Thursday. The letter also details the plan of the group to publish in October a status update on its crypto roadmap, and a report about the financial stability implications tokenization. The board, which coordinates 24 countries, plans to report on the financial stabilization implications of AI in the following month.

Last year, the FSB and the International Monetary Fund (IMF) announced a widely anticipated crypto policy roadmap that called for global coordination on crypto policy. Last year, the FSB and International Monetary Fund announced a much-anticipated crypto policy roadmap that called for worldwide coordination on crypto policies.

Knot stated that “a key focus for us is the effective implementation of FSB’s global regulatory framework and supervisory structure for crypto-asset markets and activities, and global stablecoin arrangements in 2024 and beyond.” This framework was endorsed at the G20 Summit held in New Delhi by the G20 leaders. The New Delhi summit took place last September.

Sheldon Reback is the editor.