Saturday, March 2, 2024

"NEW GUIDELINES AND RULES AND LAWS TO GOVERN STABLECOINS IN ALL THE CENTRAL BANKS" BY GOLDILOCKS, 2 MARCH

 GOLDILOCKS

The Bank for International Settlements has set forth recommendations for Central Banks on supervision and legislative practices of Global Stablecoins. 


Below is a link to a chart that you can read about these regulation recommendations. These recommendations will flow into the Central Bank's guidance for banks. 


Here, we have the beginning stages of a top to bottom mandate of guidelines that will formulate new rules, regulations, and laws to govern Stablecoins. 


© Goldilocks


https://www.bis.org/fsi/fsisummaries//global_stablecoins.htm

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