Stablecoins


The digital yuan and the power of currencies 

The digital yuan and the power of currencies 

(ATF) With a clear eye on China, the European Central Bank has sounded the alarm that Europe could lose its very sovereignty, not just its economic autonomy, if it fails to develop a digital euro. The warning is a reminder of how much is at stake politically in the global …

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Global watchdogs agree on rules for stablecoins like Facebook's Libra

Global watchdogs agree on rules for stablecoins like Facebook's Libra

LONDON: Central banks set out to regulate cross-border stablecoins like Facebook's planned Libra with a common approach on Tuesday, saying more rules may later be needed to ensure stability.The prospect of a currency-backed stablecoin being used by billions of people on Facebook has galvanised central banks into putting together rules …

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