CPMI AND IOSCO PUBLISH FINAL GUIDANCE ON STABLE COIN ARRANGEMENTS
The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published final guidance confirming that stable coin arrangements should observe international standards for payment, clearing and settlement systems. The guidance seeks to apply “same risk, same regulation” to systemically important stable coin arrangements that are used for payments.
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