Tag Archives: Banks

12Dec/19

ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins

The president of the European Central Bank (ECB), Christine Lagarde, said that the financial institution should be ahead of the curve regarding the demand for stablecoins. According to a tweet by theRead More…

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04Dec/19

France to Test Its Central Bank Digital Currency in Q1 2020: Official

The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France, announced thatRead More…

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17Oct/19

Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights

A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to theRead More…

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04Sep/19

IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation

European Central Bank (ECB) president candidate and International Monetary Fund (IMF) chief Christine Lagarde stated on Sept. 4 that central banks and financial supervisors should protect consumers but also be open toRead More…

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01Sep/19

Crypto News From Brazil and Portugal: Aug. 24-31 in Review

This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds.  Brazil’sRead More…

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