The Coronavirus pandemic and the global economic uncertainty has really got central banks thinking about digital currencies! In his recent speech at the Brookings Institution, Bank of England governor Andrew Bailey has asked the G20 economies to work together and establish common global standards for stablecoins and CBDCs. Stablecoins are seeing the best growth in
The Coronavirus pandemic and the global economic uncertainty has really got central banks thinking about digital currencies! In his recent speech at the Brookings Institution, Bank of England governor Andrew Bailey has asked the G20 economies to work together and establish common global standards for stablecoins and CBDCs. Stablecoins are seeing the best growth in
The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989. Their primary goal is to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. Currently, there are 37 members countries of FATF. The G20 is an International
The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989. Their primary goal is to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. Currently, there are 37 members countries of FATF. The G20 is an International
The G20 Osaka Summit will be held from June 28 to 29, 2019 in Japan. The G20 includes a list of 19 countries and the European Union, which makes global policies related to the economics of the world. The FSB (Financial Stability Board) has submitted a report to the members which highlighted the stand of cryptocurrencies in the current global
The G20 Osaka Summit will be held from June 28 to 29, 2019 in Japan. The G20 includes a list of 19 countries and the European Union, which makes global policies related to the economics of the world. The FSB (Financial Stability Board) has submitted a report to the members which highlighted the stand of cryptocurrencies in the current global
It looks like the crypto market is celebrating the New Year in India. With RBI citing FSB’s remark, the market appears quite appreciated. Crypto Stance in India According to the latest coverage by Quartz Media, FSB (Financial Stability Board), an international body that monitors and review the global financial system has recently appreciated cryptocurrency and
It looks like the crypto market is celebrating the New Year in India. With RBI citing FSB’s remark, the market appears quite appreciated. Crypto Stance in India According to the latest coverage by Quartz Media, FSB (Financial Stability Board), an international body that monitors and review the global financial system has recently appreciated cryptocurrency and
Financial Stability Board (FSB) releases a report stating cryptocurrencies do not pose a threat to the international financial system, however, if cryptos became widely used in payments and settlements, it can have implications in the future. Cryptos, not a threat to financial stability yet After the International Monetary Fund (IMF) recently came out and warned
Financial Stability Board (FSB) releases a report stating cryptocurrencies do not pose a threat to the international financial system, however, if cryptos became widely used in payments and settlements, it can have implications in the future. Cryptos, not a threat to financial stability yet After the International Monetary Fund (IMF) recently came out and warned
G20 Finance Ministers & Central Bank Governors Meeting, that was held over the weekend of July 22, 2018, in Argentina, have echoed the suggestion of its Financial Stability Board that while crypto-assets do not at this point pose a global financial stability risk, the global body still remains vigilant. The same was communicated in the
G20 Finance Ministers & Central Bank Governors Meeting, that was held over the weekend of July 22, 2018, in Argentina, have echoed the suggestion of its Financial Stability Board that while crypto-assets do not at this point pose a global financial stability risk, the global body still remains vigilant. The same was communicated in the
