The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... more
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The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... more
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This week signified a major breakthrough for stablecoin payments. Much derided for the lack of speed and power needed to perform consumer payments, this week Coinify, Sygnum Bank and Galaxus... more
Visa has been reported to have filed an application to create digital currency on Ethereum blockchain with the United States Patent and Trademark Office. According to the application published May 14 —... more
The Celo Foundation, which not only appears to be similar to Facebooks Libra project but in direct competition, has unveiled 50 members for its ‘Alliance for Prosperity’. Celo has a... more
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