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-Collateralized stablecoins – digital assets that seek to support secure value by linking to various assets such as fiat currency, precious metals, or a basket of assets; The report makes clear that it is not intending to consider the digital ruble currently under development, or “cryptocurrencies and unsecured stablecoins,” as these were addressed in detail in previous reports.
The document provides an overview of digital asset regulatory approaches around the world, including the EU, the United States, Switzerland, Germany, Brazil, Kazakhstan, and their close ally Belarus, as well as those of the Financial Action Task Force . Its authors noted that some regulate digital assets as digital versions of the traditional assets they resemble or represent, while others create new and distinct regulations to govern them.