IOSCO: Existing Securities Rules Could Apply to Facebook’s Libra and Other Stablecoins

2019-11-5 23:07

The launch of the Libra stablecoin by Facebook is still months away but reports from Reuters indicate that there are already securities rules in place that could apply. Rather than restricting stablecoin, these rules could help reveal the full benefits, according to IOSCO.

IOSCO is a global securities watchdog, which made comments as policymakers investigate […].

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iosco could rules securities libra stablecoin apply