The G7 working group, focused on exploring the potential impact of stablecoins on the global economy, has released a new…
G7
Large economies seem to be about to tighten their grip on money. The largest G7 advanced economies have instructed their…
The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]
A recent report from G7 suggests that global stablecoins can be dangerous to the stability of the financial system. The…