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
2
9
Business
News tagged with financial stability
Business
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 6, 2020
0
59
Business
Nigeria targets cryptocurrency in bid to end naira freefall
The world's biggest cryptocurrency exchange Binance is halting operations in Nigeria's naira currency as the government puts cryptobusinesses under increasing scrutiny.
Mar 8, 2024
0
1
Business
Bank of England will review the risks that AI poses to UK financial stability
The Bank of England, which oversees financial stability in the U.K., said Wednesday that it will make an assessment next year about the risks posed by artificial intelligence and machine learning.
Dec 6, 2023
0
7
Business
FTX contagion will be ugly within crypto, but probably less damaging to the wider world
Crypto assets are infamous for being highly speculative and volatile, but it is their "debt problems" that have once again made headlines. Since November 2021, the total value of cryptocurrencies has now fallen from a peak ...
Nov 14, 2022
0
9
Business
Amid crypto turmoil, senators propose sweeping oversight
Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
Jun 7, 2022
1
8
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
1
5
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
0
5
