Regulators propose first global rules before 'crypto winter' 

The Financial Stability Board (FSB), which coordinates financial rulemaking within the Group of 20 (G20), issued nine suggestions for members to follow.

[{"selector":"#anim-27637c4b-a400-436d-9507-290c7c8dd1ac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-34a40ef1-0538-4f3e-95c7-de4f6bc489b7","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d432c19-f5c4-45d1-b07e-82e98e7c11fb","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2df68eb1-e17d-4d9f-9c00-82b96cf5666c","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7a09225-38a1-45f7-b826-94aa956d9abb","keyframes":{"transform":["translate3d(0px, 159.42386%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f30e100-08ab-4772-a9db-ea33520cc502","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3648ec8-377b-4dd6-ad25-5c22a05d9465","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

In most countries, the business is mainly unregulated, with regulators warning investors that they risk losing every cent if they do not follow laws to prevent money laundering and terrorism funding.

[{"selector":"#anim-90851c29-c550-4599-a7ae-f6c0bd5b009a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-aefe7d5f-9e26-4d48-b585-86f7ca805b13","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f990ac6f-4f39-490e-98be-7f46feccbd29","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-36b9f11b-7e44-4a37-8f5a-88fb56cbda68","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f98d9de-d427-479f-8fe9-f03fc06aac4d","keyframes":{"transform":["translate3d(0px, 139.51387%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91387638-ad41-4188-bf30-de351ceeb51b","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-37fa5e8a-185f-408d-8e9b-04fb6ccc61df","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

According to the FSB, crypto has a total worth of around $935 billion, compared to $3 trillion at its height in November last year.

[{"selector":"#anim-91a1cd11-70be-4c8a-8a19-3e0e89c5313c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-5.8194067487021%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-84802a75-45d9-4449-b5c4-b3384db19557","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b3a21673-cc3d-4604-9db3-cacb23bb55df","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9aae88ce-7090-4490-beb9-4a791618ac3a","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-559503c2-fc37-4ae7-9805-c06da3ef9f89","keyframes":{"transform":["translate3d(0px, 185.65661%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-324bb100-5586-44f0-8bd9-3265314cb8c1","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10b55978-3a19-4dd6-a860-f06152f7fd09","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

Concerns about the threats they represent to financial stability are so likely to resurface sooner rather than later.

[{"selector":"#anim-95cab554-5a38-45d1-b75e-3f4681a8b8c3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(5.080847470015129%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fa9ac75d-12b7-48f4-b81c-f7bcc0ecaecf","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b8b12448-3b66-45c4-bba5-9978fde59789","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-934f2e98-b7be-4918-ac84-b10cacfbfdcf","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b6d2f10-10bc-4c94-a110-0e460fae13ee","keyframes":{"transform":["translate3d(0px, 185.65661%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ee884b2-8622-434d-b178-f46c223f132d","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2881523e-b3f0-43c5-9f09-8afd175dd057","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

As a result of their sensitivity to runs, several crypto-asset lenders collapsed during the current market volatility.

[{"selector":"#anim-cd3a2e34-5a51-44d7-88ba-2f6e112222c7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2679d703-d96c-4c8c-986c-6d22be8db3a9","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f870702b-c6b2-4f69-b66b-7b7715866ea5","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41f6a91f-0d0a-4eec-bef7-2d30a87e440d","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c00b7ae-efea-4d56-b88f-e7876e36d023","keyframes":{"transform":["translate3d(0px, 185.65661%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8b599a1-f9f2-46d0-a0f2-3d494f671f5c","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d676ee2f-9dba-40dd-9da9-9ef7a66fc648","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

"Thin capitalisation, concentrated exposures to riskier firms, and dangerous trading and commercial operations," according to the FSB.

[{"selector":"#anim-312dc10d-376f-418f-a5ab-823a6c770464 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a84db829-c0eb-4c7d-ac50-d3df20665afc","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eaf17975-cafe-4979-94cd-8343a2d2daee","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7db7dfd6-10e3-4b3a-80c3-41f427fff678","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5c6e8a3-c27d-4ce6-87cb-0ec87c4c8588","keyframes":{"transform":["translate3d(0px, 185.65661%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ed46eee-0c1e-4147-8920-9610f7bd8022","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24591be5-d603-43c4-a518-5752955d6bfb","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] futurewithcrypto.com/

Learn Everything about Crypto

[{"selector":"#anim-e9cfd43a-2e4a-40ec-858e-58284b2c008b","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":4}] futurewithcrypto.com Click Here Learn more