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Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch......»»

Category: forexSource: coindeskOct 9th, 2019

EU finance commissioner pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch......»»

Category: topSource: reutersOct 8th, 2019

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years

Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon......»»

Category: forexSource: coindeskSep 27th, 2019

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets......»»

Category: forexSource: coindeskSep 26th, 2019

Central banks will want oversight of Facebook"s Libra: Bank of England"s Carney

Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said......»»

Category: topSource: reutersJun 21st, 2019

Bank of England Governor Says Facebook’s Libra Crypto Will Be Scrutinized

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney......»»

Category: forexSource: coindeskJun 19th, 2019

Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney......»»

Category: forexSource: coindeskJun 19th, 2019

BoE"s Carney says keeping open mind on Facebook"s Libra

Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off......»»

Category: topSource: reutersJun 18th, 2019

ICE exchange to launch three-month Sonia futures contract in June

LONDON (Reuters) - The Intercontinental Exchange said on Wednesday it will launch a three-month futures contract based on "Sonia", the Bank of England's interest rate benchmark which aims to replace Libor......»»

Category: topSource: reutersApr 18th, 2018

JPMorgan Applies to Launch Brokerage in China

JPMorgan Chase is seeking approval from a Chinese regulator to launch a joint-venture brokerage in the country, becoming the latest bank to explore the opportunity after Chinese authorities loosened rules on foreign firms controlling such ventures......»»

Category: asiaSource: wsjMay 11th, 2018

Libra Plays Down Troubles, Anticipates 100 Members by Launch

The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live......»»

Category: forexSource: coindesk1 hr. 14 min. ago

Libra Plays Down Troubles, Anticipates 100 Members By Launch

The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live......»»

Category: forexSource: coindesk7 hr. 14 min. ago

Major partners drop out, Warren fires back: Facebook"s Libra faces a tough road ahead

The alternative currency plan proposed by Facebook could still launch, but the road to get there has just gotten way harder, a.....»»

Category: topSource: usatodayOct 13th, 2019

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief......»»

Category: forexSource: coindeskOct 10th, 2019

How Anti-Money-Laundering Rules Hinder Libra’s Mission to Reach the Unbanked

A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system......»»

Category: forexSource: coindeskOct 9th, 2019

Ripple CEO: Facebook"s Libra Will Not Launch Before 2023

Ripple CEO: Facebook's Libra Will Not Launch Befo.....»»

Category: blogSource: zerohedgeOct 8th, 2019

Spooked by Libra, EU pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability......»»

Category: topSource: reutersOct 8th, 2019

EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin

EU's financial services commissioner Valdis Dombrovskis intends to create a new regulations for crypto, particularly Facebook’s Libra stablecoin......»»

Category: forexSource: coindeskOct 8th, 2019

Now Traders Can Make Bets on When Facebook’s Libra Will Launch

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project......»»

Category: forexSource: coindeskOct 7th, 2019

Facebook CEO Mark Zuckerberg under pressure to testify to Congress about Libra

House lawmakers are ratcheting up pressure on Facebook in an attempt to force chief executive Mark Zuckerberg to testify in the coming months about his company's plans to launch the Libra cryptocurrency......»»

Category: topSource: washpostOct 4th, 2019

Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta

Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020......»»

Category: forexSource: coindeskOct 2nd, 2019