ECB Revives Plans for a Rival Coin to Libra & Bitcoin

2019-9-18 19:59

It seems Facebook’s woes are starting to mount as the European Central Bank (ECB) revives plans to create its own digital currency in direct competition to Libra and bitcoin. Yet another Libra challenger steps up to the plate.

This time, it isn’t China’s incipient central bank digital currency (CBDC) but instead a newly proposed CBDC […]

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libra ecb → Ðåçóëüòàòîâ: 22


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European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency

A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like.

2019-9-2 15:36


Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member

Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto.

2019-9-2 15:13


Ôîòî:

ECB Executive Says Libra Crypto Is a Wakeup Call to Regulators

An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More.

2019-7-8 13:35


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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.

Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB

In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry.