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The fast-evolving crypto-asset markets might pose risks to the global financial system. Therefore, there is a need for effective international regulation and oversight. In this respect, FESE welcomes FSB recommendations and the proposed framework for the regulation of crypto-asset activities. The international approach to crypto-asset markets should incorporate technology neutrality and “same business, same risks, same rules” principles while upholding values of transparency, fairness, stability, investor protection, and market integrity.