European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin. European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin, Bloomberg reports on July 7. Per Bloomberg, Coeure argued on Sunday in Aix-en-Provence […]

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How Blockchain Could Change the Real Estate Investment Landscape

The expansion of DLT use in the real estate sector — in title verification, valuation, diligence, insurance payment and settlement, smart contacts, construction monitoring and material verification. David Hodge is the director of European operations for AEI Consultants, an employee-owned international consulting firm that provides comprehensive services to commercial lenders, property owners, managers, tenants, and […]

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French Regulators Notice Uptick In Crypto-Related Complaints

French authorities have observed an uptick in cryptocurrency-related complaints from investors. French financial regulators have observed an increase in complaints regarding cryptocurrencies this year Investors in the country are increasingly filing complaints about digital currencies with France’s Financial Markets Authority (AMF) since January 2019, according to the AMF’s 2019 Risk Map report published on July […]

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Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals

Goldman Sachs chief executive David Solomon says he believes global payment systems are heading in the direction of stablecoins. Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27. David Solomon said he believes global payment systems are heading in the direction of stablecoins — […]

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Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’

Singapore’s central bank has said libra could help make payments cheaper, but warned Facebook needs to provide more information about how it will work. Singapore’s central bank has held discussions with Facebook about its upcoming libra cryptocurrency, Bloomberg reported on June 27. Ravi Menon, the managing director of the Monetary Authority of Singapore, reportedly acknowledged libra’s potential benefits […]

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BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

BaFin’s president Felix Hufeld has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra. The head of the German Federal Financial Supervisory Authority (BaFin) has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra, Cointelegraph Deutschland reported on June 26 Speaking at the International Club Frankfurter Wirtschaftsjournalisten, BaFin President […]

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