All posts tagged "Facebook"
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751Fintech / RegtechTemasek Joins Libra Association as First Asia Pacific Backer
Temasek's participation in the Libra Association will allow it to contribute toward a regulated global network for cost effective retail payments.
May 17, 2020 -
601Australia & NZDemand for Stablecoin, CBDC Not Yet Established: RBA
A retail CBDC could ultimately hurt commercial banks, as it would translate to a fall in deposits and a reduction in the availability of funds for lending to households and businesses, the RBA says.
January 13, 2020 -
708FeatureMAS Consults on Application of Payment Services Act to Stablecoins
MAS seeks views on whether stablecoin holders deserve the same regulatory protections as e-money, and whether other regulations should be introduced to maintain price stability.
December 26, 2019 -
968AML / KYC
G20 Finance Leaders Agree to Regulate Stablecoins
Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.
October 21, 2019 -
517ChinaChina Almost Ready to Release Central Bank Digital Currency
PBOC deputy director for payments Mu Chungchun said the new digital currency and electronic payment system that would not rely entirely on blockchain.
August 13, 2019 -
543EnforcementEquifax to Pay Up to $700m to US Authorities for 2017 Data Breach
The penalty amounts allocated to the consumer compensation fund represent less than 3 US dollars for each of the estimated 147 million consumers who had their data stolen in 2017.
July 24, 2019 -
1.6KChina
China to Respond to Libra with Government Backed CBDC
The PBOC is organising market-oriented institutions to jointly research and develop a central bank digital currency, in a programme that has already been approved by the State Council.
July 11, 2019 -
4.3KAML / KYC
Facebook’s Libra – An Enabler of Money Laundering?
Regulators need to get up to speed with Facebook’s stablecoin technology so they can assess how it mitigates money laundering risks and where its weaknesses lie, says ComplyAdvantage CEO Charles Delingpole.
June 27, 2019 -
983Big PictureRegulatory Coordination Needed to Mitigate BigTech Risks: BIS
An element of risk is BigTechs' access to data from existing social media, search engines and ecommerce platforms, which raises competition and data privacy issues.
June 25, 2019 -
670Australia & NZChi-X Australia, Deutsche Announce New TraCR Issuances
Microsoft, JP Morgan, Disney and Facebook will join Apple in becoming Transferable Custody Receipts listed on Chi-X Australia, with more issuances to follow.
October 19, 2018
