G20 Risk Watchdog Flags “Significant Gaps” in Global Crypto Rules

The Financial Stability Board (FSB) — the G20’s global financial risk monitor — has warned that world crypto regulation remains fragmented and uneven despite rising market size. With the crypto market nearing $4 trillion, the watchdog highlighted major deficits in stable-coin oversight, cross-border asset flows, and international coordination. The FSB urged accelerated action and unified frameworks, stressing that inconsistent regulation threatens not just crypto firms but global financial stability.

Interesting, sounds like fear of not controlling crypto.