FSB Flags Data Privacy as Barrier to Global Crypto Regulation

[kevin1]

The Financial Stability Board (FSB) has identified data privacy as a major hurdle for cross-border crypto regulation. In its recent 107-page report, the FSB warned that privacy laws and secrecy concerns limit cooperation between jurisdictions, creating regulatory gaps and market fragmentation for Bitcoin, stablecoins, and other crypto assets.

[kelson10]

Data privacy laws differ widely, making international crypto oversight a complex balancing act.

[alex10]

Global regulators need collaboration tools that protect privacy without stifling innovation.