2023-8-8 12:11 |
The U.K. recently passed the Financial Services and Markets Act 2023 into law which gave the BoE powers to set up a systemic stablecoin regime.
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With the Financial Services and Markets Act 2023, the Bank of England can set up a systemic stablecoin regime. The government has stated that it will continue to assess its strategy with nationThe post Bank of England proceeds with plans for systemic stablecoin regime appeared first on AMBCrypto.
2023-8-8 16:00 | |
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The world has barely recovered from the UST stablecoin crash and yet another similar threat is already on the horizon. This time in the form of the USDD stablecoin that was launched in May by the TronThe post Is USDD headed for the same systemic problems that brought UST down appeared first on AMBCrypto.
2022-6-8 10:30 | |
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At a recent lecture on financial regulations at Harvard's Kennedy School, CFTC chairman Heath Tarbert spoke about the role of the CFTC in digital asset regulations, how jurisdiction is divided betweenThe post CFTC Chairman: Possibility of global stablecoin the only systemic risk appeared first on AMBCrypto.
2019-12-10 13:30 | |
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Just recently, the Financial Stability Oversight Council (FSOC) issued a report to the public citing the problems resulting from the growing stablecoin adoption. The FSOC is a United States federal government organization which was signed into law in July 2010 by President Barack Obama.
2019-12-6 22:42 | |
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The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
2019-11-27 11:10 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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