• Libra adds CFO chief risk officer
    Libra

    Libra adds CFO, chief risk officer

    The Libra Association announced that former HSBC, Credit Suisse banker Ian Jenkins has taken on the dual role at the global stablecoin’s governing body

    The Facebook-founded group announced on Oct. 15 that Ian Jenkins has taken up the dual role of CFO and chief risk officer. He joins recently appointed CEO Stuart Levey and Chief Legal Officer Steve Bunnell at the helm of Libra’s governing body.

  • Libra’s two-year delay
    Libra,  Regulation

    Libra’s two-year delay

    The financial leaders represented by the G7 and G20 countries have said that the Facebook-founded Libra stablecoin will have to wait until mid-2022 at earliest to launch

    On Oct. 13, the Financial Stability Board released a report commissioned by the G20 that laid out a timeline that calls for the assessment of global stablecoin rules by July 2022.

  • Think your Thanksgiving family dinners are awkward? This is a "family photo" taken at the G20 summit earlier this year in Japan (via G20.org).
    Libra,  Regulation

    With stablecoin ban, G20 deals Facebook’s Libra ambitions another blow

    Unanimous decision effectively halts the social media giant’s goal of creating an international digital currency by 2020

    The G20 dealt Facebook’s Libra cryptocurrency ambitions another blow on October 18, agreeing to a ban stablecoins until global regulations are in place.

  • Meltem Demirors of CoinShares interviewed by RealVision, October, 2019 (screenshot).
    Bitcoin,  Innovators,  Opinion

    Meltem Demirors questions Wall Street’s involvement in crypto

    But is it really such a bad thing?

    The union of cryptocurrency and Wall Street is much like a Medieval arranged marriage: A little bit of wealth is at stake but everyone seems miserable and most people involved are in need of a bath. Few are as upset about the whole thing as those who are involved in crypto for ideological reasons—or, at least, those who say they are.