Cryptocurrencies were discussed at the joint financial regulation forum attended by representatives from the regulatory bodies of the European Union and the USA.
Six topics were discussed at the forum: current financial stability risks, sustainable finance, international and mutual studies in banking and insurance, cooperation in the regulation and supervision of capital markets, financial innovation, combating money laundering and terrorist financing.
During the talks, the European Commission, the European Banking Authority, the European Securities and Markets Authority, the European Insurance and Pensions Authority, the European Central Bank, the European Systemic Risk Board and the US Treasury Department, the Fed Board, the Commodity Futures Trading Commission, the Federal Deposit Insurance Agency, the Securities and Exchange Commission OCC representatives from the Exchange Commission and Department of the Treasury took part.
Participants under the heading of financial innovation stablecoins with crypto assets Exchanged ideas on the proposed regulation proposals. Another point taken up is digital central bank coins (CBDC) There were evaluations made about it.
During the interview, during the audit of financial innovations benefits of international cooperation focused on.
Crypto assets were also discussed in the previous leg, dated March 2021, of the financial regulation forum, which is held twice a year between the authorities in the EU and the USA.