Stablecoins could 'negatively affect' financial Stability: Federal Reserve

2019-11-16 12:30

As countries around the world are increasingly moving toward a digital currency backed by their national fiat, the hub of financial and technological innovation of the past decades is moving in the opThe post Stablecoins could 'negatively affect' financial Stability: Federal Reserve appeared first on AMBCrypto.

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financial stablecoins moving could reserve federal negatively

Источник: ambcrypto.com

financial stablecoins → Результатов: 112


Global Monetary Enforcer FATF Shares Concerns About Libra And Stablecoins

The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […]

2019-10-19 22:34


Germany’s Federal government prepares to make sure stablecoins do not replace state-backed fiat currencies

Today, the German Federal government presented a concept to the Federal Cabinet for use cases of blockchain database technology. A number of laws were announced in the 42-page paper, all of which aim to help blockchain technology to be properly incorporated into the administration and financial sector.

2019-9-18 19:30


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Swiss Regulator Issues Guidance on Libra and Stablecoins

According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure.

2019-9-12 23:00


Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license

On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto.

2019-9-11 13:00


Dash, Zcash and other privacy coins aren’t as popular as Bitcoin on the dark web, claims BlockchainIntel CEO

Virtual assets have evolved over the past decade. The entire concept began as an idea of a financial asset for a peer-to-peer transaction. However, over time, different crypto-projects have entered the cryptospace, with the likes of stablecoins, exchange-launched tokens, dApp tokens and privacy coins gaining popularity quickly.

2019-9-4 23:30


Binance Venus, a stablecoin that will compete with Facebook’s Libra

Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate.

2019-8-20 19:49


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