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Libra picks former HSBC brass as CFO
15.10.2020
The G7's recent rejection of Libra doesn’t seem to have slowed them down
FSB releases recommendations to regulate 'global stablecoins' such as Libra
14.10.2020
The Financial Stability Board has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states
FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
13.10.2020
Finance officials never once named Libra. But they didn't have to; the proposed stablecoin's shadow still loomed
G7 Game: Keep Facebook's Libra at Bay & Work On Own CBDC
13.10.2020
Source: Adobe/bizoo_n
The Group of Seven (G7) major developed economies reportedly reiterated that Facebook's Libra stablecoin can't be launched until it is properly regulated, while at the same time the club is exploring central bank digital currencies (CBDCs).
“The G7 continues to maintain that...
G7 will block Libra launch until regulations in place
12.10.2020
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.”
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
Facebook’s Libra Co-Founder Morgan Beller Departs to Return to VC
22.9.2020
Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook
Facebook-backed Libra welcomes Blockchain Capital as new member
18.9.2020
Libra gets another member as it strives to have 100 entities on board
Investment Firm Blockchain Capital Joins Libra Association
18.9.2020
One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system
Libra appoints HSBC veteran to manage crypto project's operational wing
17.9.2020
Top financial services experts continue to join the Libra project
Libra Association Hires Former HSBC CEO
17.9.2020
The Libra Association, the organisation developing the Facebook-led cryptocurrency payments project, has hired a banking heavyweight with 25 years at HSBC
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
European Ministers Call on EU Commission to Regulate Stablecoins
11.9.2020
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
11.9.2020
Banque de France Governor François Villeroy de Galhau wanted about the threat of "Big Tech" stablecoins
Libra Taps Ex-Homeland Security General Counsel as New Legal Chief
27.8.2020
The new general counsel is Libra's second in just three months
Libra replaces general counsel Robert Werner after 3 months
27.8.2020
Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra's top lawyer
Former RBI Governor and IMF Chief Economist Sees Value in Bitcoin and Facebook Libra
22.8.2020
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. Former RBI Governor’s View on Bitcoin, Crypto,...
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro
15.8.2020
In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank
Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
14.8.2020
There are multiple ways to approach digital payments, and Facebook wants to cover them all