Crypto Assets
Singapore may allow trading in bitcoin-based derivatives
MAS opens consultation on proposal to allow trading of “payment token derivatives”
Crypto assets may force central banks into policy synchronisation
Paper examines the impact a global crypto asset would have on the “impossible trinity”
PBoC to rein in fintech firms after President Xi praises blockchain
Central bank will verify blockchain-compatible products
ECB’s Löber: Facebook’s libra a “black hole” of legal certainty
But current global standards fit for purpose to underpin digital assets
Argentine central bank restricts crypto asset purchases
Central bank continues with measures to resist peso’s decline
AML deadline prompts FCA to warn crypto firms
Regulator says firms must not mislead customers about regulatory status
Bankers are ignoring crypto assets’ flaws – expert
Technologists are more worried than financiers by problems, expert tells IMF panel
G7 group warns of stablecoin risks as FSB sets out plans
Group’s final report says global stablecoins could generate “significant adverse effects”
Stablecoins raise ‘sovereignty challenge’, says de Galhau
French governor says rise of stablecoins highlights need for pan-European action on payments
ECB’s Cœuré weighs stablecoin risks
Executive board member calls for improved global payment systems, while preserving global policy priorities
Regulators meet in Basel to grill stablecoin backers
Conference convened by G7 stablecoins group included Libra Association, Fnality and JP Morgan
DNB to start supervising crypto-asset firms
New powers result from the implementation of an EU directive tackling anti-money laundering
Central banks need better crypto asset data to contain risk – ECB research
Links between crypto assets and regulated financial sector may increase and challenge regulatory frameworks
Ripple attempts to pacify US regulators after libra hearings
Payments service provider says crypto assets would be complementary to dollar
Do stablecoins like libra differ from other crypto assets?
Sayuri Shirai assesses the implications of stablecoins for stability, monetary policy and regulation
Quant Lipton pans Facebook’s Libra
Former Bank of America exec sees more potential in rival projects, such as utility settlement coin
Bundesbank takes light-touch approach to Libra
Governments should be “neutral” on some digital currencies, says German central bank
St Louis Fed’s Bullard warns about rise of multicurrency systems
Crypto assets may hamper monetary policy transmission and increase exchange rate volatility
US lawmakers slam Facebook’s ‘delusional’ Libra plan
Libra executive grilled at US hearing over Facebook’s history of scandals
Trump lashes out at Libra
US president says Facebook’s system will need a banking licence if it wants to be a bank
PBoC sounds alarm over Facebook’s Libra
Central banks must keep control of Facebook currency, senior officials say
FCA proposes ban on sale of crypto derivatives to consumers
Regulator cites lack of understanding of crypto assets by consumers
De Galhau unveils G7 task force on ‘stablecoins’
Banque de France governor says group will weigh up impact of Libra and other “stable” crypto assets
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group, as crypto asset plans draw criticism in Europe and US