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FAC

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback
Fac

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback

The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework.

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC
Fac

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.