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G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
G7 Evaluates Stablecoins as Risk to Global Financial Stability
14.10.2019
The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, said the Financial Stability Board
Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
14.10.2019
The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability
Financial Stability Board: Stablecoins ‘May Pose Regulatory Challenges’
4.10.2019
Stablecoins could pose “regulatory challenges,” says Randall Quarles, chair of the Financial Stability Board
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
13.9.2019
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability
Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7
18.7.2019
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation
Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra
8.7.2019
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission
G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
1.7.2019
The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read:...
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
G20 Countries Start Implementing Unified Cryptocurrency Standards
29.5.2019
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...
New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
20.5.2019
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone