G20 Risk Watchdog

Definition ∞ The G20 Risk Watchdog refers to the Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system. Its role involves identifying vulnerabilities and coordinating regulatory policies among G20 member countries. In the context of digital assets, the FSB assesses potential risks to financial stability and advises on appropriate regulatory responses. It acts as a key coordinator for international financial oversight.
Context ∞ The G20 Risk Watchdog consistently highlights the need for comprehensive and coordinated regulation of digital assets to mitigate potential systemic risks. Its pronouncements often shape the global regulatory agenda, influencing national policy decisions. Current discussions focus on the urgent need for consistent international implementation of its recommendations to address evolving challenges posed by the digital asset market.