The Fed cites worries about stablecoin in its latest Financial Stability Report

The Fed cites worries about stablecoin in its latest Financial Stability Report
фото показано с : cointelegraph.com

2022-5-11 21:30

The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC. origin »

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report stablecoin overuse cbdc resistance leveraged position

report stablecoin → Результатов: 126


Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve

Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […]

2020-6-23 21:36


IOSCO Report: Stablecoins May Fall Under Securities Regulations In Certain Circumstances

The report was published on March 23 and shed more light on the legal uncertainty around stablecoins. IOSCO highlighted an example that sounds pretty similar to Facebook’s Libra. According to the summary, if an entity runs its own stablecoin on a private blockchain with a unique form of governance, then the asset falls under securities […]

2020-3-26 17:30


Фото:

Tether (USDT) Usage Booms Among Businesses in Asia, Europe

According to a Bloomberg report published on January 22, 2020, premier stablecoin Tether (USDT) is witnessing a strong surge in demand by small merchants primarily based out of Asia and Europe. Tether Experiences Surprising Adoption Cryptocurrencies like Bitcoin (BTC) have existed for more than a decade now but their real-world adoption is still minuscule comparedRead MoreRead More.

2020-1-23 18:00


Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s

A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]

2020-1-23 21:22