U.S. Treasury encourages new laws to address crypto regulation gaps
The Financial Stability Oversight Council (FSOC), a U.S. regulatory panel comprising top financial regulators, on Monday recommended that Congress pass legislation addressing risks digital assets pose to the financial system, including bills to bolster oversight of crypto spot markets and stablecoins.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: U.S. Treasury encourages new laws to address crypto regulation gaps

### Response: The Financial Stability Oversight Council (FSOC), a U.S. regulatory panel comprising top financial regulators, on Monday recommended that Congress pass legislation addressing risks digital assets pose to the financial system, including bills to bolster oversight of crypto spot markets and stablecoins.