Digital Euro Will Have Privacy Safeguards, European Finance Ministers Say

2022-4-5 21:56

Ministers are discussing policy options for the central bank digital currency though no formal decision to issue one has been taken .

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G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation

Financial leaders of the world’s seven biggest economies oppose the launch of Facebook’s Libra stablecoin until it is regulated, as per a G7 statement draft. Digital payments can improve access to financial services and cut costs and inefficiencies, says the draft prepared for a meeting of finance ministers and central banks of the United States, […] The post G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation first appeared on BitcoinExchangeGuide.

2020-10-13 15:42


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Hurry Up and Regulate Crypto, FSB Chair Urges World Leaders

The Financial Stability Board (FSB) is asking global finance ministers to step up their efforts in creating regulatory frameworks for crypto and other innovative digital payment systems. “Pressures That Can Lead to Market Fragmentation Exist” Crypto assets and their underlying blockchain technology have already disrupted the financial world to a great extent.

2020-2-20 18:20


EU to Address Risks Before Allowing Private Digital Currencies Like Facebook’s Libra

EU finance ministers have agreed on Thursday that private digital currencies like Facebook’s Libra shouldn’t be allowed in the EU before their risks are being addressed. This means the bloc has a tough stance on the Libra, which has been widely criticized by regulators all over the world and had its influence on the financial […]

2019-12-5 17:52


OneCoin Scammers Accused Of Stealing $2.3 Million Through Samoan Churches

OneCoin Scammers Steal $2.3 Million Through Samoan Churches Samoa is now in the center of the storm regarding the cryptocurrency Ponzi scheme OneCoin. According to Radio NZ, ministers of the nation invited the digital currency to preach to the congregation of a church in the country. OneCoin Use NZ and AU To Circumvent Ban The […]

2019-4-27 22:52