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FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns
18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra
ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins
18.10.2019
Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in...
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
18.10.2019
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability
This Popular Tourism Area Will Soon Test a Local Cryptocurrency
18.10.2019
Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan
G7 Task Force Releases Full Report on Impact of Global Stablecoins
18.10.2019
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report
WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain
18.10.2019
Jet8 is taking a new approach to social media and data ownership using blockchain
Switzerland’s Swiss Federal Council To Scan The Stablecoins and Blockchain Projects
17.10.2019
The globally reputed regulatory organization, the Swiss Federal Council has revealed its intentions to continue keeping a sharp scrutinizing eye on the development of new digital technologies like blockchain and stablecoin projects uprooting in different corners of the world. According to a news...
Swiss Federal Council Continues to Monitor Stablecoins and Blockchain
16.10.2019
The Swiss Federal Council is keeping close tabs on global stablecoin projects and their possible opportunities and challenges
Bermuda Now Accepts USDC Crypto for Taxes and Government Services
16.10.2019
Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."
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
Ethereum Is No Longer a Monopoly Platform for Stablecoins
11.10.2019
Ethereum isn’t the only stablecoin game in town. The number of Ethereum-based stablecoin projects is declining as teams use other platforms, forks, 3.0 blockchains and proprietary blockchains for building price-stable currencies instead
Libra Association’s Head of Product Spent Just Five Months in the Role
9.10.2019
Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile
New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control
9.10.2019
Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
6.10.2019
Fiat backed stablecoins are here to stay, but what makes them so stable and desires? Here are a few examples
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
US House Committee Demands Zuckerberg Testify About Libra Before January
4.10.2019
The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January
Stablecoins Backed by Precious Metals — How Do They Work?
2.10.2019
Gold and coins = stablecoins?