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BIS report suggests ‘embedded‘ monitoring tool for stablecoins
24.11.2020
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies
German Finance Minister Says He Does Not Support Private Cryptos: Report
20.11.2020
Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future
BIS head says physical cash still important, even if CBDCs take over
13.11.2020
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs
From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
13.11.2020
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
PayPal might issue its own cryptocurrency soon, says CoinShares exec
22.10.2020
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming
Chasing the hottest trends in crypto, the EU works to rein in stablecoins and DeFi
19.10.2020
The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
16.10.2020
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both
Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit
15.10.2020
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO
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