2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief

2023-2-22 10:35

Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits.

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CBDCs, stablecoins may see streamlined governance as WEF announces Global Consortium

The role of digital currencies has been at the center of a lot of discussion at the World Economic Forum (WEF) in Davos this year. As a measure to address the fragmented regulatory system that surrounThe post CBDCs, stablecoins may see streamlined governance as WEF announces Global Consortium appeared first on AMBCrypto.

2020-1-25 11:16


Libra Association stresses on cooperation as G7 releases report on stablecoins

The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate.

2019-10-18 11:30


European Central Bank: Stablecoins May Be Vulnerable To Regulatory Uncertainty

The European Central Bank (ECB) has recently emitted a new report on the cryptocurrency market. This time, the banking institution approached the issues with stablecoins. The latest report touches on questions such as whether stablecoins can be a solution for the volatility of the crypto market and whether or not they have dangers related to […]

2019-8-30 22:54


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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Crypto Garage and Blockstream Receive First Ever Regulatory Approval to Test Japanese Yen Stablecoin

Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the.

2019-1-22 14:00