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BIS Outlines How Stablecoins Could Comply With International Money Standards

The Bank for International Settlements’ (BIS) says stablecoin payment systems should comply with international standards for payment, clearing and settlement.A new report published Wednesday by the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) includes preliminary guidance on how to apply the

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IMF recommends CBDC and global crypto standards for financial stability

The International Monetary Fund (IMF) released a set of actionable policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption. The IMF believes in the potential of crypto assets as a tool for faster and cheaper cross-border payments, citing the dramatic increase in the value

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Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards

Cryptocurrency exchange and finance platform Crypto.com, said Wednesday a third-party auditor has given it high ratings on privacy and security, based on a set of standards developed by a unit of the U.S. Department of Commerce. According to Crypto.com, auditor SGS performed the assessment and found the platform has the highest

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New WEF study reveals issues facing blockchain and crypto standards

A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping Initiative, the study notes that the gaps, divergence and overlap in the standard-setting landscape of the blockchain industry

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