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FATF Holds Global Forum to Discuss Crypto Supervision

[Jan 18 1:10 PM] The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of…

Indian Finance Minister Answers Crypto Questions at IMF Meeting

[Oct 21, 2019 10:15 AM] At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at…

G7 Confirms Libra Like Cryptocurrency Needs a Legal Basis

[Oct 18, 2019 6:30 AM] Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the…

G20 Informed Stablecoins Could Pose Financial Stability Risk

[Oct 16, 2019 10:05 AM] The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could…

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra

[Jul 20, 2019 10:00 AM] G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of…

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

[Jul 11, 2019 5:30 AM] A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also…