The International Monetary Fund (IMF) and the Financial Stability Board (FSB), upon the request of India's G20 Presidency, have published a joint report with policy recommendations to provide guidance and assistance to various jurisdictions to address risks associated with crypto asset activities.

The policy report includes recommendations to regulate activities related to stablecoins and decentralized finance (DeFi). It also explains how the regulatory frameworks and policies developed by both the IMF and the FSB may interact and come together. However, it does not set new policies, recommendations or expectations for the relevant authorities.

Do you think these policy recommendations are sufficient to address the risks associated with crypto-asset activities? Share your comments with us.#IMF#FSB#crypto#DeFi