2021-11-9 04:47 |
Feds rank crypto stability threat between U.S.-China tensions and climate change
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Key takeaways Ivy League Professor of Economics Eswar Prasad warns that cash could soon be replaced by digital currencies. Prasad also stated that he envisions a future where the world uses CBDCs exclusively.
2021-10-19 15:19 | |
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The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption.
2021-10-14 04:00 | |
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The Bank of England (BoE) Deputy Governor Jon Cunliffe dismissed the notion that crypto poses a threat to macro-financial stability. Meanwhile, recent weeks have seen global regulators come down hard on the crypto sector, with Binance feeling the brunt of the force.
2021-7-15 03:00 | |
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Jon Cunliffe, the Deputy Governor of the Bank of England (BoE), has come out to disclose that cryptocurrencies do not pose an immediate threat to financial stability. Cunliffe unveiled this news during an interview on July 14, saying the crypto sector is not big enough to pose a systemic risk to the global financial system.
2021-7-16 21:32 | |
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The head of the Irish Central Bank Gabriel Makhlouf is worried that people who invest in Bitcoin could end up losing all their money. However, Gabriel Makhlouf was quick to note that Bitcoin isn’t a direct threat to financial stability.
2021-1-30 15:16 | |
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Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
2021-1-29 16:36 | |
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The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes an average of six transactions per second (tps), with the highest […] The post Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second appeared first on Bitcoin News.
2020-12-7 23:00 | |
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Financial markets around the world are going through a whirlwind of emotions and sentiments right now. Sadly, a sense of stability is not one of them. The same could be said for the digital asset iThe post No, Bitcoin is not under threat; not unless $2000 becomes a reality appeared first on AMBCrypto.
2020-3-17 16:57 | |
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Regulators in Europe have called on the European Central Bank (ECB) to explore the feasibility of launching a digital currency for the bloc. Supranational agencies and governments, alike, have labeled stablecoins – especially Libra – a potential menace to financial stability.
2019-11-6 14:00 | |
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The G7 and Bank for International Settlements published a joint report criticizing cryptocurrencies and stablecoins, which pose a threat to financial stability.
2019-10-24 23:13 | |
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Coinspeaker G7 Says that Bitcoin Failed but Libra Poses Threat to Financial StabilityG7 has just recently released a report addressing a long list of concerns it has with global stablecoins like Libra.
2019-10-19 22:29 | |
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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.
2019-10-18 12:10 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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Coinspeaker G7 States Libra May Pose Threat to Financial StabilityThe G7 believes that Libra, as well as other global stablecoins, may negatively influence the financial situation in the world.
2019-10-14 13:31 | |
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It comes as no surprise that Facebook is still on the receiving end of regulatory pressure from global economies. The social media giant has done the crypto industry few favors as all eyes are now on stablecoins and the outlook for them is predictably pessimistic.
2019-10-14 11:30 | |
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The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability.
2019-10-15 03:40 | |
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The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.
2019-9-13 16:58 | |
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The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European states,” Le Maire said.
2019-9-13 13:34 | |
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The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
2019-7-18 15:00 | |
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The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies.
2019-7-2 12:35 | |
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The European Central Bank (ECB), Eurozone’s chief financial regulator, has released its report on cryptocurrencies and their implications on the financial stability of the region. The paper took a neutral stance towards digital assets and said that they weren’t a threat to the economy.
2019-5-25 15:13 | |
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Europe’s Central Bank has published a document saying that neither Bitcoin, nor any other crypto, are threatening Europe’s financial stability
2019-5-20 12:56 | |
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The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.
2019-5-20 11:20 | |
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By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets.
2019-5-19 15:40 | |
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The deputy governor of the Bank of England, Dave Ramsden, has said that the crypto market is too volatile… The post English Bank Governor Speaks About Small Size Of The Crypto Market Not Being a Threat To Financial Stability appeared first on Invest In Blockchain.
2019-5-1 10:48 | |
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One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22.
2019-3-25 15:59 | |
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The trend for passive investing has reached new heights. According to a CNBC report, money continues to pump into ETFs tracking bundled assets – e. g. , major indexes like the Dow Jones or S&P 500) – which now make up almost 50% of the entire stock market.
2019-3-21 21:10 | |
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The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS).
2019-3-14 12:00 | |
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The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures.
2019-3-14 01:30 | |
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The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability.
2019-2-5 09:05 | |
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Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.
2019-1-16 01:54 | |
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One of the most important banking institutions around the world, the Financial Stability Board (FSB) is convinced that Bitcoin (BTC) and other digital assets do not pose risks to the world economy. The FSB is in charge of monitoring the global economy and there are more than 20 representatives from G-20 countries. The information was […]
2019-1-7 10:14 | |
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The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board.
2019-1-5 11:38 | |
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The Reserve Bank of India issues its annual financial report, stating that cryptocurrencies pose no threat to the financial industry.
2019-1-5 21:32 | |
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Office Of Financial Research Says Crypto Is Not A Threat To Financial Stability A new report claims that crypto is not a threat to the US financial system. However, it is worth watching due to the growing and evolving nature.
2018-11-16 22:49 | |
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Hilda Heine, the president of the Republic of Marshall Islands (RMI), is fighting for her political career after she allegedly defied the International Monetary Fund’s (IMF) advice and went ahead with the introduction of a new digital currency that the IMF considers to be a threat to the country’s financial stability.
2018-11-7 15:59 | |
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Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems.
2018-10-26 14:07 | |
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A scientific work published by researchers from Princeton University and Florida International University revealed that China has more than enough possibilities and motives to “kill” Bitcoin or at least to do considerable damage to the blockchain’s stability.
2018-10-12 00:41 | |
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“Bringing a complex and fast evolving area like cryptocurrencies into a regulatory framework is going to be a difficult and lengthy process. ” Those were the words of James Kaufmann the Legal Director of a UK based law firm, RPC.
2018-10-12 23:31 | |
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Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.
2018-10-11 22:30 | |
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East Asian influence has always played a significant role within cryptocurrency, but a new paper published October 8th, 2018, suggests China could not only singlehandedly cripple Bitcoin, but is already influencing the billion-dollar network.
2018-10-11 11:00 | |
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A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency.
2018-10-10 20:00 | |
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A new report by the Financial Stability Board found that crypto assets pose no threat to financial stability at present, but should be monitored.
2018-10-10 18:30 | |
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It’s been a year since China banned Bitcoin and cryptocurrency exchanges as well as initial coin offerings (ICOs) in the populous country of 1. 4 billion. The government isn’t relenting in its anti-crypto drive, either.
2018-9-20 23:00 | |
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The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism. G20 Adopts […]
2018-7-24 09:28 | |
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The Financial Stability Board, an international body that advises G20 on global financial systems, presented a framework for monitoring cryptocurrency assets at this year's meeting. This states that while crypto doesn’t currently pose a threat to financial stability, careful monitoring of the market is needed in future.
2018-7-24 03:17 | |
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The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism.
2018-7-24 23:40 | |
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The G20 says cryptocurrencies do not pose a threat to the global financial system. Notwithstanding, the G20 wishes to maintain a careful observance of the emerging market to preventing its use in illicit financial activities.
2018-7-23 12:32 | |
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Risks related to cryptocurrencies do not pose a serious threat to global financial stability at the moment. However, the Financial Stability Board (FSB), the international organization established by the G20 to monitor the worldwide financial system, does not want to get caught unprepared.
2018-7-20 16:04 | |
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