Economics, Bank, Financial markets, Financial services, Finance, Financial intermediary

Embedded supervision: How to regulate Libra 2.0 and the token economy

On Apr 28, 2020
@cgledhill shared
Embedded supervision: How to regulate Libra 2.0 and the token economy https://t.co/6fcJzly1sA #fintech https://t.co/JRQi4hFkFf
Open

The rise of stablecoins and asset-backed tokens could drive the development of financial markets via new forms of transparency and data credibility. This column uses the revised proposal for the Libra global stablecoin as an example to illustrate possibilities for supervisors to harness ...

voxeu.org
On Apr 28, 2020
@cgledhill shared
Embedded supervision: How to regulate Libra 2.0 and the token economy https://t.co/6fcJzly1sA #fintech https://t.co/JRQi4hFkFf
Open

Embedded supervision: How to regulate Libra 2.0 and the token economy

Embedded supervision: How to regulate Libra 2.0 and the token economy

The rise of stablecoins and asset-backed tokens could drive the development of financial markets via new forms of transparency and data credibility. This column uses the revised proposal ...

Ong Chong Tee: The post-crisis financial landscape - what next?

Ong Chong Tee: The post-crisis financial landscape - what next?

Remarks by Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision) of the Monetary Authority of Singapore, at the Society for Financial Studies Cavalcade Asia-Pacific ...

Click here to read the article

Click here to read the article

JEL Classification: E44, F65, G18, G21, G28 Keywords: Bitcoin; Blockchain; Finance, Fintech, Financial stability, Financial intermediation; Financial institutions; Banking regulation The ...

Legal framework for distributed ledger technology and blockchain in Switzerland: An overview with a focus on the financial sector - Federal Council report

Legal framework for distributed ledger technology and blockchain in Switzerland: An overview with a focus on the financial sector - Federal Council report

Table of contents 1 Introduction ............................................................................................................. 11 1.1 Background and objective of the report ...

How the EU and 5 European Nations Regulate Cryptocurrency

How the EU and 5 European Nations Regulate Cryptocurrency

Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each ...

The Financial Stability Board in 2019

The Financial Stability Board in 2019

It is a pleasure to be here today at the European Central Bank in my capacity as chair of the Financial Stability Board (FSB) to help celebrate the Journal of

A Financial System That Creates Economic Opportunities - Nonbank Financials, Fintech, and Innovation

A Financial System That Creates Economic Opportunities - Nonbank Financials, Fintech, and Innovation

European Union FATF Financial Action Task Force FBIIC Financial and Banking Information Infrastructure Committee FCA False Claims Act FCA U.K. Financial Conduct Authority FCC Federal ...

Interview With Hirander Misra, CEO of GMEX: ‘Blockchain, Crypto And FinTech Are Forcing The Financial Industry To React’

Interview With Hirander Misra, CEO of GMEX: ‘Blockchain, Crypto And FinTech Are Forcing The Financial Industry To React’

In this two-part interview, we navigate through Hirander's story, his vision of the Financial Industry, and how crypto and blockchain are changing the world

Risky assets FINMA sets tough restrictions on bank bitcoin trading

Risky assets FINMA sets tough restrictions on bank bitcoin trading

The Swiss regulator says cryptocurrencies should be valued at eight times their market price when calculating loss-absorbing capital buffers.

Mainstreaming Blockchain

Mainstreaming Blockchain

JPMorgan's launch of the JPM Coin is a major step forward in mainstreaming blockchain technology in the financial system. Blockchain technology has the potentia

Banking performance, competition and financial stability: a supervisory view

Banking performance, competition and financial stability: a supervisory view

In essence, I will be arguing that although the overall resilience of the banking system has greatly improved in recent years, weak profitability will remain a cause for concern for ...

What do banks think about decentralised finance

What do banks think about decentralised finance

I got a tweet the other day pointing me to a report from the Financial Stability Board about the use of decentralised technologies for financial services. Excellent report from the ...

Organisational Structure

Organisational Structure

Corporate Services Group Assistant Governor (Corporate Services): Susan Woods Corporate Services Group comprises two departments that support the day-to-day operations of the Reserve Bank: ...

Europe is first to SFTR but won’t be last: expectations on the global rise of SFT reporting rules

Europe is first to SFTR but won’t be last: expectations on the global rise of SFT reporting rules

The FSB noted that authorities must have the ability to monitor and mitigate risks to financial stability: “In order to be able to better detect such risks, authorities need to augment ...

Views on the Financialization of Cryptocurrencies

Views on the Financialization of Cryptocurrencies

This piece is in discussion to an excellent article written in July 2018: “Is Financialization A Double-Edged Sword For Bitcoin And…

Bundesbank brings digitalisation to banking supervision Interview published in Börsen-Zeitung

Bundesbank brings digitalisation to banking supervision Interview published in Börsen-Zeitung

Bundesbank Executive Board member Joachim Wuermeling has announced a digital agenda for the Bundesbank for 2019. In an interview with the Börsen-Zeitung, Mr Wuermeling said that new ...