Friday, May 14, 2021
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Following whipsaw launch, Filecoin looks to weeklong conference for stability

Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. Billed “Filecoin Liftoff Week,” the event is centered on education, infrastructure, interoperability, and future

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How Global Stablecoins Can Promote Financial Stability in the World

In the past year, three major financial oversight bodies have voiced concerns about threats to financial stability purported to be posed by stablecoins. While acknowledging the potential for enhanced payments efficiency, reports from the Bank for International Settlements, the United States Federal Reserve and, most recently, from the Financial Stability

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First Mover: Bitcoin’s Recent Stability May Come from a Fleeting Correlation With Equities

Few investors ever get into bitcoin hoping for stability, but over the past eight or so weeks that’s pretty much what they’ve got.  Since the start of May, bitcoin’s price has rarely strayed outside its $9,000 to $10,000 range. Occasions where it has crossed the $10,000 boundary, or sunk beneath $9,000

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US Financial Stability Oversight Council: Stablecoins Are a Risk to the Economy

On December 4th, the financial regulator the Financial Stability Oversight Council (FSOC) published an annual report for the year 2019. The report mainly focuses on the popularity of stablecoins and problems rising as these crypto assets expand over a wider range of potential consumers.In the report, a panel of top

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Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve

Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal Reserve.In its November 2019 Financial Stability Report released on Nov. 15, the Fed highlights stablecoins and their potential impact on the U.S. and beyond.Fed: Unregulated stablecoins “pose risks”Rather than

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