2026-1-1 13:01 |
With banks, payments giants, corporates, and regulators aligned, stablecoins are on track to become the backbone of global finance. origin »
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The UK is expected to introduce legislation pertaining to fiat-backed stablecoins in the early part of the upcoming year. These discussion papers represent the initial phase in shaping the new The post UK regulators unveil plans to tame stablecoins appeared first on AMBCrypto.
2023-11-6 18:00 | |
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The cryptocurrency industry has already been facing several regulatory barriers in the United States of America, and regulators have turned their gaze on stablecoins of late. While the regulatory concThe post Stablecoins can be 'incredibly disruptive on a global scale' and regulators know it appeared first on AMBCrypto.
2021-9-19 11:00 | |
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US regulators are paying close attention to fiat-backed digital assets, popularly known as stablecoins, per reports from Bloomberg. Tether Under Scrutiny The crypto market has been largely left to fend for itself in the last twelve years but it seems federal regulators are now ready to step in.
2021-9-18 19:45 | |
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Regulators and central banks have paid close attention in recent weeks to stablecoins as the emerging asset class hit a total market cap of more than $100 billion. They’ve recognized the asset class, up fourfold this year alone, is far too big to ignore.
2021-9-11 18:00 | |
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Just as regulators worldwide are tightening their grip around the cryptocurrency industry, Britain's top financial watchdog appealed for expanding the scope of regulation in the country, albeit with cThe post UK's FCA Chair recommends 'narrowing' regulatory focus on stablecoins and speculative tokens appeared first on AMBCrypto.
2021-9-7 04:00 | |
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“Crypto is the new shadow bank,” says Senator Elizabeth Warren, who says regulators should consider banning the banks in the US from holding cash deposits backing up stablecoins to effectively end the growing market.
2021-9-6 15:24 | |
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Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz.
2021-7-29 16:34 | |
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Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins. More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More
2021-7-29 15:00 | |
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U. S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U. S. regulatory framework in place” for stablecoins.
2021-7-21 05:00 | |
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Janet Yellen, the Secretary of the US Treasury has said that it was imperative for regulators to establish a regulatory policy for stablecoins. Stablecoin Regulation a Priority for US Authorities Yellen’s statement was revealed in a readout of the meeting held on Monday (July 19, 2021).
2021-7-20 19:00 | |
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This week markets are down as rising inflation pushes up food costs and the delta variant worsens the pandemic. Plus AXIE keeps mooning, stablecoins are in the regulatory firing line, and is CZ willing to work with regulators?
2021-7-20 07:30 | |
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Written by a Professor of Finance from Yale School of Management and an attorney at the Federal Reserve System, wants regulators to take a lesson from history, the Free Banking Era because the central bank must have a “monopoly on money issuance.
2021-7-20 16:07 | |
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Treasury Secretary Janet Yellen announced her plans this week to convene the President’s Working Group (PWG) on Financial Markets in order to discuss the interagency work on stablecoins that will take place on July 19.
2021-7-19 04:41 | |
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Stablecoins to be the center of discussion in the upcoming meeting among federal financial regulators in the U. S. U. S. Financial Regulators to Discuss Stablecoins U. S. Treasury Secretary Janet Yellen announced yesterday that a meeting would be convened on July 19 to discuss stablecoins and their potential benefits and risks.
2021-7-17 20:00 | |
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As the market capitalization of stablecoins surpassed $100 billion in May, regulators are growing increasingly concerned about the risks they pose. The post Regulators Growing Concerned Over Stablecoin Risks appeared first on BeInCrypto.
2021-6-16 16:46 | |
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Regulators warn that stablecoins are not always as stable as users are made to… The post US Warns of Dangers from $100 Billion Stablecoin Market appeared first on Coin Journal.
2021-6-16 15:35 | |
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A close look at the policy issues relating to the potential impact of stablecoins on financial systems and economies around the world.
2021-5-9 16:12 | |
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The Federal Reserve’s top supervisory official has called on bank regulators to pay more attention to cryptocurrencies and stablecoins. His comments followed a number of major banks announcing that they will be offering products based on cryptocurrencies, particularly bitcoin, to their clients.
2021-5-4 03:30 | |
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Stablecoins have been a major topic in and out of the crypto industry recently — not only due to all the CBDCs that are being developed in the world, but also because of coins such as Facebook’s Libra.
2020-12-24 18:01 | |
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The Libra cryptocurrency will see the green light despite the unsuccessful start of the project and pressure from regulators. Facebook could release dollar-pegged stablecoins as early as January 2021.
2020-12-4 15:35 | |
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The paper, published on Nov 24, cites the potential of Facebook’s Libra stablecoin to become a de-facto global currency. This, they say, is evidence that regulators must accept the inevitability of stablecoin adoption and find new ways to carry out their functions.
2020-11-26 20:56 | |
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The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote financial inclusion.
2020-10-18 17:05 | |
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Over time, global regulators will require tighter control over the movement of centralized stablecoins, said Linda Xie, co-founder of Scalar Capital. There are almost 40 addresses on the Tether blacklist, and USDC has one.
2020-7-11 15:52 | |
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The European Central Bank looks at stablecoins as key instruments that can help consumers meet demand in the payments services, but wants regulators to be proactive in addressing regulatory gaps that can pose risks.
2020-5-7 12:33 | |
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Regulations can help not only legitimize stablecoins but also increase their global popularity, as per many experts
2020-4-19 21:21 | |
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The Libra Association has changed its proposed model to put global regulators at ease. But will the move help quell concerns? Sovereign Stablecoins In Originally, Libra planned to create a...The post Libra Association Concedes to Regulators, No Longer Permissionless appeared first on Crypto Briefing.
2020-4-19 18:37 | |
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Stablecoins have been flagged as an area of concern by regulators around the world. What raised their eyebrows was Facebooks' grand vision for 'Libra'. The social media giant's initiative failed to coThe post Can stablecoins reign in 2020 despite regulatory hurdles? appeared first on AMBCrypto.
2020-4-14 22:00 | |
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Meeting at the G-20 summit in Saudi Arabia this week, members of the Financial Stability Board discuss regulating cryptocurrency
2020-2-22 10:53 | |
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Stablecoins have been regarded as something that could disrupt the financial stability by regulators around the world. The oldest stablecoin, Tether's tryst with the regulators, has not been smooth.
2020-2-1 12:00 | |
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With the announcement of the proposed Libra digital currency in 2019, even skeptical officials were forced to accept that crypto assets are here to stay. Stablecoins are seen as a priority for 2020, with national and global regulators publishing a variety of stablecoin research across the last 12 months.
2020-1-11 14:07 | |
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The cryptocurrency industry has immensely grown in terms of popularity over the years, along with which the regulations surrounding the same have also witnessed a change. Regulators from all around thThe post MakerDAO founder: Govts need not be ultimate judge on regulating stablecoins appeared first on AMBCrypto.
2019-12-9 22:32 | |
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Senior U.S. financial regulators warn that stablecoins pose risks to the economy in an annual report from the Financial Stability Oversight Council
2019-12-6 14:22 | |
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A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin.
2019-12-6 12:00 | |
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Stablecoins only “complementary” if they obey regulators, suggests Fed
2019-11-16 13:45 | |
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Saldo, an app that uses stablecoins that are pegged to the peso, has been approved by the Mexican government for use, ensuring that 20,000 migrant workers are able to use the Stellar network to pay their bills from the US.
2019-11-8 18:46 | |
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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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Stablecoins seem to have garnered a lot of attention recently from many in the mainstream media after Facebook launched its own crypto-project, Libra. In fact, regulators are among those who are most The post Stablecoins like Facebook's Libra can include features typical of regulated securities appeared first on AMBCrypto.
2019-11-5 11:30 | |
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The adoption and regulation of Stablecoins is currently a hot topic amongst regulators across the G20 board. DAI and Tether seem to be making good progress despite the uncertainty brought about by Facebook’s Libra which the U.
2019-10-30 19:03 | |
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Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
2019-10-23 13:30 | |
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Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
2019-10-21 12:30 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months.
2019-10-21 12:00 | |
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The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […]
2019-10-19 22:34 | |
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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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Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries.
2019-10-18 14:00 | |
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Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed.
2019-10-18 12:04 | |
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Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it.
2019-10-18 09:30 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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The proposed launch of Libra appears to be leading to some confusion among politicians and regulators with the prime example being Trump mixing Libra with bitcoin even though the two... The post G7 and G20 Considering Going After Stablecoins, Should They? appeared first on Trustnodes.
2019-10-14 18:38 | |
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