Digital euro bill set to come in early 2023

Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and Visa, nation-states worldwide have been in a hurry to develop digital versions of their sovereign currencies, also known as Central Bank Digital Currencies, or CBDCs for short. дальше »

2022-2-12 22:30

Senate Banking Committee Split on How to Regulate Stablecoins

During the Senate Banking Committee hearing on stablecoins, a call for regulating the fiat-backed stablecoins was made, but what they will look like is to be seen. “Let’s be clear about one thing: if you put your money in stablecoins, there’s no guarantee you’re going to get it back,” Senate Banking Committee Chairman Sherrod Brown […] The post Senate Banking Committee Split on How to Regulate Stablecoins first appeared on BitcoinExchangeGuide. дальше »

2021-12-15 17:02

Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies

After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide. дальше »

2021-12-7 18:56

RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks

UBS Group’s Chairman says “governments will not tolerate” crypto becoming really big as the Joint Economic Committee chairman urges Congress to pass legislation to regulate it. The post RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks first appeared on BitcoinExchangeGuide. дальше »

2021-11-19 00:44

Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to $10 Bln, says Founder

As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide. дальше »

2021-10-18 19:43

U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.   According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »

2021-10-3 20:07