More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board

More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board

More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The FSB, which groups regulators, central banks and treasury officials from the G20 economies, said turmoil in crypto markets last year…