Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, the Financial Stability Board (FSB) submitted its concerns on stablecoins and AI to Group of Twenty (G20) ministers, XRP Ledger developers defended an emergency patch for a bug that could have allowed unlimited XRP creation and Michael Saylor hinted at further Bitcoin purchases by Strategy after the company prioritized preferred stock buybacks.

The FSB, a global financial watchdog, has outlined financial stability risks associated with artificial intelligence and regulatory concerns surrounding stablecoins.

In a letter published Monday, FSB Chair Andrew Bailey warned that cross-border mechanisms for stablecoin oversight and crisis management “remain immature or are not yet developed.” In its 2025 review, the FSB found that 11 of 28 surveyed jurisdictions had finalized stablecoin regulatory frameworks.

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