According to Foresight News, the Financial Stability Board (FSB) released the final report on the international regulatory framework for encryption, which contains two recommendations: high-level recommendations for the regulation, supervision and monitoring of encrypted asset activities and markets; High-level advice on the regulation, supervision and inspection of arrangements. The FSB and the sectoral standard-setting body (SSB) have developed a joint work plan for 2023 and beyond, through which they will continue to work in coordination within their respective mandates to facilitate the development of regulatory frameworks that are relevant to crypto-asset market activity that may constitute a global jurisdiction. A comprehensive and consistent global regulatory framework commensurate with risk, including more granular guidance, monitoring and public reporting through the SSB. In addition, the FSB and the International Monetary Fund (IMF) will submit a joint report to the G20 in September 2023, which will synthesize the policy findings of the IMF's work on macroeconomic and monetary issues with the FSB's publication today on regulatory and supervisory issues work.