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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 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 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