US Government Accountability Office urges FDIC to improve crypto oversight coordination

The GAO is pressing the FDIC on coordination around crypto and stablecoin risks, highlighting how fragmented oversight remains in digital assets.

IMF says Nigeria’s stablecoin boom eases payments but may weaken naira policy, raise illicit finance risks, and test crypto oversight rules.

GAO urged the FDIC to coordinate with federal regulators on blockchain risks as stablecoin and crypto market rules move forward.

The US Government Accountability Office says that regulators, including the FDIC, lack an “ongoing coordination mechanism for addressing blockchain risks.”

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