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The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.

Interest in cryptocurrencies surged last year as prices rocketed only to tumble in recent months, triggering warnings from regulators.
FSB Chair: #crypto-assets do not pose risks to global financial stability at this time. But market is evolving rapidly & further international coordination is warranted. FSB will identify metrics for enhanced monitoring & update #G20 as appropriate #cryptohttps://t.co/GrzY46Qlby pic.twitter.com/uH0q13aJ7J

— The FSB (@FinStbBoard) March 18, 2018

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G20 Puts Crypto Regulation on Hold Cryptocurrency markets Green

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.