Central Banks to Meet With Libra Founders in Switzerland on Monday

Central Banks to Meet With Libra Founders in Switzerland on Monday
ôîòî ïîêàçàíî ñ : cointelegraph.com

2019-9-16 22:40

A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project

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central libra monday banks meet purported financial

central libra → Ðåçóëüòàòîâ: 91


Ôîòî:

China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.

2019-9-6 15:44


Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO

The steady growth of the cryptocurrency market has caught the attention of a lot of major tech giants, including the likes of Facebook, JP Morgan and now, Telegram. Out of these, Facebook’s Libra remains the most talked-about project, not only owing to its huge user base, but also due to the several hearings which have […] The post Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO appeared first on AMBCrypto.

2019-9-4 17:30


Ôîòî:

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency

A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like.

2019-9-2 15:36


Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member

Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto.

2019-9-2 15:13


Swiss Central Bank In Close Contact With Facebook’s Libra, Affirms Documents Are Very Vague

The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […]

2019-8-28 05:06


Ôîòî:

BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.

2019-8-25 21:34


China Planning to Launch its Government-Backed Digital Currency Before Facebook’s Libra

The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]

2019-8-20 19:12


Ôîòî:

Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force

A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More.

2019-7-26 01:00


China’s central bank is developing a state-run cryptocurrency in response to Facebook’s Libra

China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so.

2019-7-9 03:12