The Financial Stability Board (FSB) announced Thursday that it will collaborate with other international standard setters to determine how decentralised finance (DeFi) activities should be regulated across jurisdictions. The FSB will also explore the extent to which its proposed policy recommendations for the crypto sector needs to be enhanced to address risks specific to DeFi, the report said. It also intends to investigate how to fill data gaps in measuring and monitoring the interconnectedness of DeFi with traditional finance in collaboration with other international standard-setters.
