Stablecoin

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Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.
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zuckbuck
Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’
Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymaker...
zuckbuck

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Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
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Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions
On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.
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vladis
EU Official: We Can't Regulate Libra Without More Details
The European Union is still trying to figure out what to do about Libra, according to a new memo.
vladis

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Libra Vice Chair Not Worried About the Leavers
Libra Vice Chair Dante A. Disparte said some departing Libra partners left the door wide open for an eventual return. They will be welcomed back when they're ready.
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Bank of England's Stablecoin Ruling Targets Financial Stability, Exec Says
Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
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Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 
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bof
French Central Bank Job Posting Reveals Digital Currency Program
Banque de France is seeking a blockchain analyst who will help the bank define a program for implementing digital currency.
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