Stablecoins


OCC ruling signals more innovation for stablecoins, CBDCs

OCC ruling signals further innovation for stablecoins, CBDCs

(ATF) The Office of the Comptroller of the Currency released a letter on January 7 announcing that US banks are now allowed to participate in public decentralized networks and use stablecoins to conduct payment settlements. The letter also added that banks under the jurisdiction of the OCC – which is …

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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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