# Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16

# Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16

“# Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16 ” Editor’s note Blockchain technology has attracted regulatory attention since its inception. The security of the Bitcoin network despite the value of BTC in play has consistently proved the resilience of blockchain technology in maintaining records across a vast range of parties….

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# Libra picks former HSBC brass as CFO

# Libra picks former HSBC brass as CFO

“# Libra picks former HSBC brass as CFO ” The Libra Association, which oversees the as-yet unreleased Libra cryptocurrency, has chosen a chief financial officer and chief risk officer for the project.  Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the Libra Network’s finances and risk management, according to an…

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# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

“# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra ” The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra project. The FSB’s report offers regulatory recommendations to G20 member states and the broader international community intended to prevent…

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# G7 will block Libra launch until regulations in place

# G7 will block Libra launch until regulations in place

“# G7 will block Libra launch until regulations in place ” In a draft of a statement expected to be released tomorrow, countries representing the world’s largest economies said that they would initially oppose the launch of Facebook’s Libra project. According to an Oct. 12 report from Reuters, central bankers and finance ministers from the…

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