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US financial regulators voice concerns over Tether and Facebook’s Diem

Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »

2021-7-29 16:34


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Tether (USDT) and Facebook-Backed Diem Discussed at the Yellen Closed-Door Meeting

Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins.  More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More дальше »

2021-7-29 15:00


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U.S. Treasury Secretary Janet Yellen Convenes Meeting to Discuss Stablecoins

Stablecoins to be the center of discussion in the upcoming meeting among federal financial regulators in the U. S. U. S. Financial Regulators to Discuss Stablecoins U. S. Treasury Secretary Janet Yellen announced yesterday that a meeting would be convened on July 19 to discuss stablecoins and their potential benefits and risks. дальше »

2021-7-17 20:00


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Bank Of England Warns Increased Risk-Taking Has Manifested In The Price Volatility Of Bitcoin, Ethereum

The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […] дальше »

2021-7-15 17:37