Financial Stability Board Urges Turkey to Strengthen Crypto Asset and Stablecoin Regulation

November 11 — According to The Block, the Financial Stability Board (FSB) has urged Turkey to strengthen its regulation of crypto assets and stablecoins in four areas. In its second peer review of the country, the FSB called for a dedicated stablecoin regime, stronger financial stability monitoring, enhanced supervision and enforcement, and improved cross-border cooperation and information sharing.