Tagged: Benoit Coeure

August 3, 2020 @ 8:51 am By JD Alois  |  

The Bank for International Settlements Innovation Hub (BISIH) Centre in Hong Kong and the Hong Kong Monetary Authority (HKMA) have partnered on a trade finance project to highlight the opportunity to improve the sector of finance with technology. The “TechChallenge — Digitising Trade Finance” is… Read More

December 3, 2019 @ 1:58 pm By JD Alois  |  

Benoît Cœuré, the outgoing European Central Bank Executive Board Member – and an individual some thought was the best person to lead ECB before Christine Lagarde was selected, has delivered an interesting speech in Brussels lambasting the state of the European Union and the lack… Read More

November 11, 2019 @ 8:21 am By JD Alois  |  

Benoît Cœuré, the outgoing European Central Bank Executive Board Member and an individual some thought best equipped to become the President of the ECB, has been appointed to lead the newly created Bank for International Settlements (BIS) Innovation Hub. According to BIS, Cœuré will commence… Read More

October 2, 2019 @ 9:08 pm By Cali Haan  |  

Banking advisors to the US Federal Reserve have warned that Facebook’s proposed private currency network, Libra, will disrupt conventional banking and could function as a “shadow banking” system if not properly regulated. They also warned that, “In extremis, alternative currencies could usurp the prudential authority… Read More

September 26, 2019 @ 6:04 pm By Omar Faridi  |  

Facebook’s stablecoin project Libra might solve some of the problems in the global payments industry, however, it could also create other types of issues that would have to be addressed by regulators, according to Benoit Coeure, a member of the executive board at the European… Read More