stablecoins

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

Financial Stability Board Calls For Current Crypto Education
Financial Stability Board Calls For Current Crypto Education
February 20, 2020  |  Cryptocurrency

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other...

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Bitcoin Daily: Central Bank In Russia Experimenting With Stablecoins; Germany’s New Crypto Rules Trouble Custodians
Bitcoin Daily: Central Bank In Russia Experimenting With Stablecoins; Germany’s New Crypto Rules Trouble Custodians
December 26, 2019  |  Bitcoin

The Bank of Russia has been testing stablecoins that are attached to real assets, according to reports. Get the Full Story Complete the form to...

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Fed’s Brainard: Stablecoins Pose Risk To Consumers
Fed’s Brainard: Stablecoins Pose Risk To Consumers
December 18, 2019  |  Cryptocurrency

Federal Reserve Gov. Lael Brainard on Wednesday (Dec. 18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. Get the Full...

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BIS Looks For ‘Prudential’ Crypto Rules
BIS Looks For ‘Prudential’ Crypto Rules
December 17, 2019  |  Bank Regulation

The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over...

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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EU Draft Floats Digital Currency Proposal To Counteract Libra
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019  |  Cryptocurrency

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). Get...

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Marcus Says Libra Could Be Based On Real Currencies
Marcus Says Libra Could Be Based On Real Currencies
October 20, 2019  |  Cryptocurrency

David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
October 17, 2019  |  Cryptocurrency

European Central Bank Executive Board member Benoit Coeure called for strict supervisory principles for digital currencies and stablecoins like Facebook’s Libra, Bloomberg reported on Thursday (Oct. 17)....

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