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The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, according to a statement from the Financial Stability Board (FSB). In a letter to G20 finance ministers and central bank governors on Sunday, the FSB’s chair Randal Quarles said the G7 working group is delivering an assessment report on opportunities and challenges posed by global stablecoins.
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This article has been originally posted on Coindesk’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. Bitcoin (BTC) jumped 5.1 percent on Wednesday to the highest price in three weeks, after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen
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This article has been originally posted on Coindesk’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. In a disclosure expected to be published Wednesday by the U.S. Securities and Exchange Commission (SEC), blockchain-based live-streaming company YouNow reported revenues have grown steadily since the release of its props token in July.
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This article has been originally posted on Coindesk’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. The U.S. Securities and Exchange Commission (SEC) announced it has entered into settlement discussions with Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) initial coin offering (ICO). In a filing with
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This article has been originally posted on Coindesk’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. UPDATE (Oct. 11, 2019, 20:27 UTC): Mastercard and Visa have also confirmed they will not be joining the Libra Association. UPDATE (Oct. 11, 2019, 22:57 UTC): Payments platform Mercado Pago confirmed to CoinDesk
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