UPDATE 1-Facebook’s Libra could come under some existing rules – watchdog
Existing securities rules could
apply to “stablecoin” digital currency initiatives such as
Facebook’s Libra project to help realise its benefits, global
securities watchdog IOSCO said on Monday as policymakers examine
whether new regulation is needed.
apply to “stablecoin” digital currency initiatives such as
Facebook’s Libra project to help realise its benefits, global
securities watchdog IOSCO said on Monday as policymakers examine
whether new regulation is needed.
Posted by Reuters
