Global Crypto Regulatory Body Is Coming Soon, Says Top Official

2022-5-12 17:08

A joint body to coordinate efforts at regulating crypto at the global level could become a reality in the next year, according to IOSCO chair Ashley Alder.

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Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide.

2021-10-1 18:12


FSB Publishes 10 High-Level Recommendations to Regulate ‘Global Stablecoins’

The Financial Stability Board (FSB) has released 10 high-level recommendations for regulation, supervision, and oversight of “global stablecoin” in its latest report on Tuesday. The international body that monitors and makes recommendations about the global financial system says global stablecoins must adhere to all applicable regulatory standards before commencing operation.

2020-10-15 19:23


AFME proposes five recommendations for supervisory convergence of crypto-regulations

The Association of Financial Markets in Europe, a body that represents global and European banks, recently published a paper highlighting the necessity for regulators across 11 jurisdictions in EuropeThe post AFME proposes five recommendations for supervisory convergence of crypto-regulations appeared first on AMBCrypto.

2019-11-14 14:30


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UK Financial Watchdog Urged to Reconsider Banning Crypto-Derivatives by World Federation of Exchanges

In an official statement issued on October 7, 2019, the World Federation of Exchanges (WFE) – a global body for exchanges and cryptocurrency trading platforms – asked the U. K. ’s Financial Conduct Authority (FCA) to reconsider putting a blanket ban on the sale of crypto derivative products to retail investors.

2019-10-9 19:00


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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.

2018-12-3 19:20


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IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.

2018-10-9 18:00


German Firm Dealing In Rare Crystalized Metal Osmium Set to Release its OiCoiN Crypto Token for Backers

The profoundly reputed German firm, famed for dealing in rare crystalized metal Osmium is releasing a revenue share crypto token for its backers. A Rare Metal The rare and dense metal is initially created in Switzerland but shipped into Germany for effective distribution for global consumption by the German Osmium institute, a body responsible for […] The post German Firm Dealing In Rare Crystalized Metal Osmium Set to Release its OiCoiN Crypto Token for Backers appeared first on ZyCrypto.

2018-10-1 18:48