Unbacked crypto-assets pose financial and financial risk, IMF warns
Assets in cryptocurrency, which are not backed by states, can threaten the effectiveness of monetary policy, pose financial and financial risks, make capital flows volatile and...
Tagged: Crypto assets
USD coin regains $1 peg, EU on alert after SVB collapse and more
Bitcoin, Ether rise over 10% in trade, experts say correlation between digital assets and broader financial markets increases The US government’s decision to provide a safety...
FAFT calls for greater enforcement of crypto-assets
The Financial Action Task Force has planned to strengthen travel rule standards to enable countries to adapt to safer virtual asset services. Global anti-money laundering watchdog...
India asks IMF and FSB to prepare technical document on regulation of crypto-assets
India, which currently holds the G20 presidency, has asked the IMF and the Financial Stability Board (FSB) to jointly prepare a technical paper on crypto-assets, which...
G20 to consider regulation of cryptoassets: Nirmala Sitharaman
NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday said the issue of regulation crypto assets will be recorded at G20 meetings as a collective view of...
Insurance in the crypto space: the emerging international market for insurance of NFTs with a focus on the Commonwealth Caribbean
United States Supreme Court case of SEC v. WJ Howey Co ., 328 US 293, more specifically defined a security as “a contract, transaction or arrangement...
Insurance in the crypto space: the emerging international market for insurance of NFTs with a focus on the Commonwealth Caribbean
United States Supreme Court case of SEC v. WJ Howey Co ., 328 US 293, more specifically defined a security as “a contract, transaction or arrangement...
Cryptoverse: Boom or Bust? $30k or $5k? Play bitcoin roulette – Markets
Reuters ● Tuesday 13 December 2022 2022-12-13 13:21 0 5aba7b8a7e7e6df2023f04d0fa111913 2 Markets Bitcoin, crypto asset, cryptocurrency Free Plucky bitcoin has remained stable since seeing off the...
Why CBDC may not be the silver bullet for addressing crypto-asset risks
The RBI’s concept paper on CBDCs does many things: it signals the central bank’s many motivations behind the Digital Rupee (or e₹), it indicates the design...
Why CBDC may not be the silver bullet for addressing crypto-asset risks
Globally, central bankers are divided on whether the rise of cryptoassets led to an acceleration of their CBDC projects: In a May 2022 survey by the...