China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

2019-10-29 01:44

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […]

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libra regulator according china foreign sun law

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Swiss Regulator Issues Guidance on Libra and Stablecoins

According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure.

2019-9-12 23:00


Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator

By CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long. The social media company is gearing up to announce its much-hyped cryptocurrency this month, but very little is still known about the project, known internally as Project Libra.

2019-6-10 11:13