G20: Major global economies need to fill regulatory gaps to avoid the financial stability of digital currencies such as Libra

According to a Reuters report, the Group of 20 (G20) said on Tuesday that major global economies need to fill in the gaps in their regulatory manuals to avoid Facebook ’s planned digital currency such as Libra stablecoins to destabilize financial stability. The G20 ’s Financial Stability Board (FSB) made 10 recommendations on Tuesday, proposing an internationally accepted method of regulating stablecoins.