Search Coins

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back

cointelegraph.com29 minutes ago

Ethereum, Monero, Dash price analysis: All 3 trend upward

eng.ambcrypto.com36 minutes ago

Russian Police Arrest Former Post Office Branch Chief For Mining Crypto at Work

cointelegraph.com40 minutes ago

An In-depth Review of the News24coin Project

thebitcoinnews.coman hour ago

Swiss Bank InCore Launches Access To Digital Tokenised Assets

www.coininsider.coman hour ago

Do cryptocurrencies resemble 'shadow money'?

eng.ambcrypto.com2 hours ago

Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why

cointelegraph.com2 hours ago

Altcoins Outpace Bitcoin in Broad Crypto Rally: Cardano and Ethereum Biggest Gainers

dailyhodl.com3 hours ago

Long-Term Signal for Ethereum Flips Bullish: Here’s Why It May Not Pan Out

bitcoinist.com5 hours ago

Bitcoin Holds Strong at $9,500: A Strengthening Case for Upside

www.newsbtc.com5 hours ago

Swiss Regulators Green Light Crypto Transactions for Local Bank

cointelegraph.com6 hours ago

Analysts: Why Bitcoin Breaking $10,500 Is So Crucial to the Long-Term Bull Case

www.newsbtc.com6 hours ago

Long-Term Bitcoin Outlook Is “Super-Bullish,” Says Analyst Who Called 2019 Bottom

thebitcoinnews.com9 hours ago

It’s “Decision Time” for Ethereum, and Analysts Bet ETH Surges to the Upside

www.newsbtc.com9 hours ago

Custodian With 100k Users Plans to Tokenize $13 Billion in Assets

cointelegraph.com10 hours ago

$10 Million Burned on BitMEX as Bitcoin Surges to $9,700, Nearing Monthly High

www.newsbtc.com10 hours ago

Cryptocurrency News From Japan: May 24 - May 30 in Review

Ethereum Erupts 10% Higher: Here’s Why Analysts Think More Upside Is Imminent

www.newsbtc.com11 hours ago

Cointelegraph Joins World Economic Forum’s Strategic Intelligence Network

cointelegraph.com11 hours ago

Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

bitcoinist.com11 hours ago

Bitcoin: One size doesn't fit all for UTXO management

eng.ambcrypto.com12 hours ago

Bitcoin Rising, Satoshi Discoveries, & Google Enters the Race: Bad Crypto News of the Week

Hong Kong Vending Machines Choose BCH Over BTC

cryptopost.com13 hours ago

Bitcoin’s Rise has Not Been Supported by Growing Volume; What This Means

www.newsbtc.com13 hours ago

Bitcoin IRA Halving Report Suggests $280,000 Price for BTC

www.livebitcoinnews.com13 hours ago

26 central banks to quiz Facebook over Libra stablecoin today, including US Fed

Sep 16, 2019 5:45 AM +00:00

Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England, are meeting representatives of Libra, the Facebook-led stablecoin project.

Benoît Coeuré, member of the European Central Bank’s (ECB) Executive Board, will chair the meeting in Basel, Switzerland, the Financial Times reported Sunday. Coeuré has warned that “the bar for regulatory approval will be very high” for Libra to operate in the EU.

Libra representatives will specifically meet the Bank of International Settlements’ (BIS) Committee on Payments and Market Infrastructure, whose representatives are senior officials of 28 member central banks.

An official told the FT that Libra’s founders have been invited to answer key questions about the proposed stablecoin’s scope and design “with the findings feeding into a report for G7 finance ministers in October."

European lawmakers are reportedly concerned that Libra will become popular in the EU where customers still face difficulties in making overseas payments. Last week, France’s Minister of the Economy and Finance, Bruno Le Maire, said that the country will halt the development of Libra in Europe because it threatens the “monetary sovereignty” of governments.

“We welcome this engagement and have deliberately designed a long launch runway to have these conversations, educate stakeholders and incorporate their feedback in our design,” the Libra Association was quoted as saying in the FT report.

Share This Article

Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.