FSB Calls for Solutions to Privacy Barriers

[johnblockbuster]

According to the FSB, data confidentiality concerns are a major obstacle to managing systemic risks in cryptocurrencies like Bitcoin and stablecoins.

Some jurisdictions restrict sharing of crypto data, while companies fear confidentiality breaches or lack of reciprocity. The watchdog says addressing these barriers could improve cross-border cooperation and market supervision.

[Nahid10]

The FSB’s focus on privacy frameworks could balance user protection with transparency in global crypto systems.

[EmTeam]

Addressing privacy barriers is essential — overregulation might stifle innovation, but proper standards are overdue.

[Couturier]

Finding the balance between privacy and transparency is the real challenge — too much of either breaks crypto’s core purpose ️

[Swipe]

Finding the balance between privacy and transparency is the real challenge too much of either breaks crypto’s core purpose