2020-12-1 21:58 |
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.
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ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.
2020-12-1 03:30 | |
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Calling central bank money “unique,” Christine Lagarde, President of European Central Bank, spoke about the future of money and pointed out the positive aspects of the digital euro. While she maiThe post ECB's Lagarde speaks positively about digital euro, not so much about stablecoins appeared first on AMBCrypto.
2020-12-1 23:00 | |
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The European Central Bank (ECB) President says that volatile prices and lack of liquidity make BTC and other digital assets poorly suited for use as money. Lagarde is also keen to push on with the ECB’s digital euro.
2020-12-1 20:16 | |
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Big tech and stablecoins could disrupt the European financial system, says ECB Executive Board Member, Fabio Panetta. In a speech at the “Future of Payments in Europe” conference, Panetta stateThe post ECB says 'big tech and stablecoins' a risk to the European Financial System appeared first on AMBCrypto.
2020-11-27 19:30 | |
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Coinspeaker ECB Embraces Own Stablecoin Dismissing Bitcoin’s Classic PrinciplesEuropean Central Bank's head Christine Lagarde dismisses Bitcoin's positive sides but admires stablecoins and calls for large-scale competition.
2019-12-14 17:42 | |
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After the President of the ECB Christine Lagarde recognized the demand for stablecoins, market players started commented on her words. Tuur Demeester is among the first!
2019-12-13 16:59 | |
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The president of the European Central Bank (ECB), Christine Lagarde, pledged to meet the growing demand for stablecoins by getting “ahead of the curve” in the rapidly evolving economic environment.
2019-12-14 16:10 | |
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At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins.
2019-12-14 15:38 | |
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Christine Lagarde says financial institutions should foresee the demand for stablecoins
2019-12-13 22:02 | |
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From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto.
2019-12-5 07:42 | |
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Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
2019-11-26 15:50 | |
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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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Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now with Libra, there is anRead MoreRead More.
2019-10-18 19:00 | |
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September 27, Frankfurt. Mario Draghi, European Central Bank (ECB) president, states that he is of the opinion that cryptocurrencies and stablecoins are not designed to be an adequate replacement of money.
2019-9-28 16:18 | |
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ECB president says stablecoins and crypto are not yet suitable as money substitutes
2019-9-28 21:57 | |
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Stablecoins are a “wake up call” to the international banking industry, potentially reaching 1.7 billion unbanked.
2019-9-26 11:44 | |
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Coinspeaker ECB Exec: Libra Could Address Global Payments System ProblemsECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
2019-9-26 11:00 | |
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Stablecoins like Libra threaten the monetary policy of European countries, believes the European Central Bank board member.
2019-9-18 10:42 | |
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Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
2019-9-17 20:19 | |
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The European Central Bank published a report on stablecoins. The regulator proposed its own classification of stablecoins and provided analytical market data.
2019-9-3 15:00 | |
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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 | |
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France will set up a task force for the G7 nations to investigate ‘stablecoin’ projects such as Facebook’s Libra cryptocurrency. France’s Central Bank Isn’t Entirely On-Board With Stablecoins France’s Central Bank Governor, Francois Villeroy de Galhau, made the announcement, while addressing finance industry officials.
2019-6-21 22:00 | |
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A steady increase in the circulating supply of stablecoins shows an increasing demand for these assets. It suggests that more traders and investors are preparing to enter the market or facilitating more trading activity.
DAI struggled to maintain its dollar peg, with trading confined within a narrow range of the Bollinger Bands. Mixed indicators signaled ongoing stability struggles, without strong trends pushinThe post DAI struggles to reclaim $1 peg: Will the stablecoin succeed? appeared first on AMBCrypto.
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them globally are now engaged in exploring central bank digital currencies (CBDCs) — reflecting a sharp increase in experiments and pilots, especially with wholesale CBDCs.
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate.
The following is a guest post from Christina Comben. With a current market cap of just over $20 million, you’d be forgiven for not having heard of Verified USD (USDV). The newcomer in the stablecoin market soft-launched on Ethereum in November 2023 and is steadily rolling out its native omnichain capabilities to further ecosystems.
Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two incoming non-dust transfers and have never spent funds.
Ripple president Monico Long said the XRP issuer is likely to enter the $161 billion stablecoin market before this year’s close.