International business leaders are calling for urgent action to counter “elevated” downside risks from a global economy that is in its “worst state in a century.” Business 20 (B20), a group of top CEOs from around the world, is meeting in advance of the G-20...
The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is released, according to a consultation report released on Tuesday (April 14). The FSB outlined 10...
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported on Sunday (Oct. 20). Marcus, who heads the Libra project for Facebook, told a banking...
September 10, 2023
Can world leaders use artificial intelligence for good while protecting people from its potential ills? That question was at the center of this year’s Group of 20 (G-20) summit in India, Bloomberg News reported Sunday (Sept. 10), with some leaders proposing global guidelines for artificial intelligence (AI). For example, the report said, Indian Prime Minister […]
October 05, 2020
International business leaders are calling for urgent action to counter “elevated” downside risks from a global economy that is in its “worst state in a century.” Business 20 (B20), a...
April 14, 2020
The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is...
October 20, 2019
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported...
