-
Global Banking Agency Has A Warning For Stablecoins
Tuesday, October 31, 2023 - 4:54pm | 599The global standard-setters have declared that no current stablecoin satisfies all pertinent regulatory mandates and that even if a fully compliant stablecoin were to emerge, its efficacy in enhancing cross-border payments remains questionable. This revelation is like to be a topic of...
-
CBDCs Without Laws Equal Disaster, Economist Warns: 'Money's A Social Construct'
Wednesday, September 27, 2023 - 10:11am | 658Agustin Carstens, the general manager of the Bank for International Settlements (BIS), has emphasized the importance of establishing legal frameworks to support the implementation and growth of Central Bank Digital Currencies (CBDCs). This topic is expected to be a focal point at Benzinga's...