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Altcoin News
Altcoin News

G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

facebook libra association
Altcoin News
facebook libra association
Altcoin News

1500 Entities Could Join Libra; EU to Present a Case for Stablecoins at G20

Libra cryptocurrency project suffered a significant setback on Friday as PayPal has announced its official exit. As reported earlier on, CoinGape, Visa, and MasterCard are also mulling their participation. These companies are looking to disassociate themselves with Libra due to the prejudice against Facebook. The project has received a lot of criticism from the US,

Libra cryptocurrency project suffered a significant setback on Friday as PayPal has announced its official exit. As reported earlier on, CoinGape, Visa, and MasterCard are also mulling their participation. These companies are looking to disassociate themselves with Libra due to the prejudice against Facebook. The project has received a lot of criticism from the US,

v20 summit
Regulation News
v20 summit
Regulation News

V20 Summit: Crypto Firms to Jointly Address ‘Travel Rule’ Imposition by FATF

The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop

The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop

Regulation News
Regulation News

G20 Summit to Impose Strict FATF Regulations on Cryptocurrency, Puts Decentralization at Risk

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

g20
Regulation News
g20
Regulation News

G20 Accepts Financial Stability Board’s Recommendation on Crypto Assets

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