Tagged: private money

Digital Assets: Germany, France, Other Nations Ask European Commission to Draft Strict Policies for Stablecoins

September 14, 2020 @ 8:12 am By Omar Faridi |

Germany, France, Italy, Spain, and the Netherlands recently asked the European Commission (EC) to draft strict regulatory policies for stablecoins, which are digital assets that are supposed to be backed or pegged 1-to-1 with major fiat currencies like the US dollar or the British pound… Read More

Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged crypto-assets, digital assets, ec, europe, european commission, france, germany, italy, libra, netherlands, olaf scholz, private currencies, private money, spain, stablecoins

Consumers Might Shift Financial Holdings to Stablecoin Denominated Assets if Existing Payments Systems aren’t Improved, Sweden’s Riksbank Says

June 26, 2020 @ 7:25 am By Omar Faridi |

In February 2020, Sweden began piloting an electronic version of its national currency, the e-krona. The European nation’s government had confirmed at that time that the e-krona was a step closer to its official launch as a central bank digital currency (CBDC). Riksbank, the central… Read More