Stablecoins
BIS: Regulation could be embedded in stablecoins
The Bank for International Settlements (BIS) has said regulation could be embedded into private global stablecoins, such as Facebook’s Libra.
UK drafts plan to regulate stablecoins, research CBDC
The U.K. Treasury said it was working on proposals for a new regulatory structure for stablecoins and other digital currencies.
JP Morgan launches new blockchain unit
JP Morgan has just announced the launch of their new blockchain unit–Onyx–and says their JPM Coin is currently being used
IMF: CBDCs give more control, but don’t solve every problem
While the technology may deliver benefits for policymakers, there were many crises CBDCs could not fix, according to the International...
G20 countries establish global stablecoin rules
While recognizing the rise in prominence of CBDCs, the Financial Stability Board is challenging the effectiveness and comprehensiveness of the...
G7: Facebook’s Libra must not launch until it’s properly regulated
Financial regulators in the world’s seven biggest economies will continue to oppose the launch of Facebook’s digital currency Libra until...
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