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Category: financial stability
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Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules
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Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System
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IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up
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Forex Shortages Force Nigerian Corporates to Turn to Parallel Market
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Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Research
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Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
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FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
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. Yet despite this acknowledgment, the FSB still argues against the […]
The post FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls appeared first on Bitcoin News.
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G20 Informed Stablecoins Could Pose Financial Stability Risk
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef Launches Cryptocurrency Fund Financial Stability Risk The Financial Stability […]
The post G20 Informed Stablecoins Could Pose Financial Stability Risk appeared first on Bitcoin News.
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24 Countries and IMF Discuss Global Standards of Crypto Regulation
Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation. “It is important to consistently implement international standards,” said the chairman of South Korea’s top financial regulator who attended the meeting. Also read: Indian Supreme Court Postpones […]
The post 24 Countries and IMF Discuss Global Standards of Crypto Regulation appeared first on Bitcoin News.
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