S&P; Dow Jones Indices to launch crypto indexes in 2021
S&P Dow Jones Indices, a division of financial data provider S&P Global, said on Thursday it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class. The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on …
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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
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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