02125cas a2200325 a 4500 AALejournalIMF023230 230101c9999 xx r poo 0 0eng d 9798400221675 5.00 USD 2664-5912 BD-DhAAL BD-DhAAL Bains, Parma. Regulating the Crypto Ecosystem : The Case of Stablecoins and Arrangements / Parma Bains, Arif Ismail, Fabiana Melo, Nobuyasu Sugimoto. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (47 pages) FinTech Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Stablecoins have experienced periods of rapid growth, accelerated links with traditional finance. Without proper regulation, contagion risks to wider financial sector will increase. Global regulation for stablecoins should be comprehensive, consistent, risk-based, flexible, and focus on their structural features and use. Requirements on stablecoins should cover the entire ecosystem and all its key functions, and there should be additional oversight for systemic stablecoin arrangements. In markets where risks are growing quickly, authorities should take immediate action by using all the tools at their disposal. This note provides key elements that should feature in any regulatory arrangement. For effective implementation, domestic and international collaboration are key. Mode of access: Internet Consumer Protection imf Foreign Exchange imf Informal Economy imf Underground Econom imf Ismail, Arif. Melo, Fabiana. Sugimoto, Nobuyasu. FinTech Notes; FinTech Notes ; No 2022/008 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=2664-5912&volume=2022&issue=008 IMF e-Library