Existing securities rules could apply to 'stablecoin' digital currency...
LONDON - Existing securities rules could apply to “stablecoin” digital currency initiatives such as Facebook’s Libra project to help realize its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.
A stablecoin is a digital currency tied to a “stable” asset or basket of assets that can range from real currencies to commodities. Libra would be pegged to bank deposits and government securities across several currencies such as the dollar and euro. The tone of IOSCO’s statement is more nuanced than some of the comments from policymakers in European countries like France and Germany, who want Libra blocked. Facebook Libra is due to launch in 2020.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Both Facebook and Twitter are getting it wrong when it comes to political adsThe social media companies' polar opposite approaches to political advertising may both have some unintended consequences.
Consulte Mais informação »
Apple pledges $2.5 billion to fight California housing crisisApple on Monday said it would commit $2.5 billion to easing a housing shortage that has driven up prices across California.
Consulte Mais informação »
Rodan + Fields’ Pore Cleansing Tool is Next-Level Kryptonite for My Blackheads.RodanFieldsHQ is the real deal.
Consulte Mais informação »
Rules of impeachment, then and now: ANALYSISWhen it comes to these new impeachment rules, and comparing them to the processes of the past, both sides are making claims that aren't entirely true.
Consulte Mais informação »
Facebook rebrands as calls for government-led breakup continueThe timing of the move is notable because the company faces calls from politicians and consumer advocates for the government to break it up into various pieces.
Consulte Mais informação »