Existing securities rules could apply to 'stablecoin' initiatives like Facebook's Libra project, global securities watchdog IOSCO said on Monday ...
LONDON: Existing securities rules could apply to"stablecoin" initiatives like Facebook's Libra project, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.
The watchdog, made up of securities regulators from across the world, including the United States, Europe and Japan, said an assessment of stablecoins found they can potentially offer benefits as well as pose risks."Our analysis has shown that so-called ‘stablecoins’ can include features that are typical of regulated securities," IOSCO said in a statement.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global palm oil industry watchdog accused of giving false environmental credibility to productsKUALA LUMPUR - Consumers are being conned about the sustainability of the palm oil used to make products from cosmetics and foodstuff to biofuels, said a report by an international environmental group on Sunday (Nov 3).. Read more at straitstimes.com.
Read more »
K-Pop Phenom G-Dragon Teases Nike Sneaker CollabThe shoes are said to be dropping in the coming weeks.
Read more »
CPF's Retirement Sum Scheme payouts to last till 90 years old, instead of 95SINGAPORE: From 2020, the payout duration of the Retirement Sum Scheme (RSS) will be changed to last until 90 years old, instead of the existing ...
Read more »
A US$100 jar of honey comes between two allies[PAENGAROA] Australia and New Zealand are at war. Over honey. Read more at The Business Times.
Read more »