Plus the FSB’s two most muscular members, the U.S and the EU, are now starting to act. They will likely want others to follow suit – to avoid crypto companies, as they see it, stealing their business by offshoring to less-regulated climes. (China, the G20’s other major economy, may well simply sit this one out, having more or less opted not to control crypto but to ban it.)
Source: https://www.coindesk.com/policy/2022/10/07/global-crypto-standards-due-next-week-could-test-regulators-tech-mantra/?utm_medium=referral&utm_source=rss&utm_campaign=headlines