US central bank unveils alternative to Facebook's Libra
Noting security concerns posed by Facebook's digital currency Libra, the Federal Reserve on Thursday revealed details of its own instant payments system.
Aug 06, 2020
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Business
News tagged with financial stability
Business
Brussels probes German regulator over Wirecard scandal
The European Commission has asked the EU financial authority to probe whether German regulators were at fault in the build-up to the spectacular collapse of payments provider Wirecard.
Jun 26, 2020
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5
Business
IMF urges El Salvador against using bitcoin as official currency
The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender given the risks associated with the cryptocurrency, a day after the country announced plans for the world's first "Bitcoin ...
Nov 23, 2021
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Business
EU unveils proposed curbs on cryptocurrencies
The European Commission on Thursday unveiled plans to regulate cryptocurrencies, proposing rules that could limit the development of Facebook-backed Libra and similar projects.
Sep 24, 2020
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Consumer & Gadgets
Terra's stablecoin flop raises questions about regulatory role
The spectacular plunge and trading halts of the algorithmic stablecoin TerraUSD are touching off a debate among lawmakers over whether, and how much, the government should get involved.
May 17, 2022
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6
Business
Coinbase loses half its value in a week as crypto slumps
Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump.
May 11, 2022
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25
Business
UK plans rules for some cryptocurrencies amid global effort
Britain has unveiled plans to regulate some cryptocurrencies as part of a broader plan to become a global hub for digital payments, coming as authorities in the U.S. and Europe are racing to draw up rules for crypto.
Apr 05, 2022
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