Stablecoins like Facebook’s Libra may pose systemic risks, Fed says

By cineramaNovember 15, 2019Bitcoin Business

WASHINGTON — Global stablecoins such as Facebook’s proposed Libra cryptocurrency could hurt financial stability if they are improperly designed, according to a Federal Reserve report released Friday.

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Stablecoins like Facebook’s Libra may pose systemic risks, Fed says

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Previous PostUncommon Bitcoin Metric Suggests Massive Profit Taking Is Underway

Next PostBlockchain Conversations Need To Focus On Value To Get C-Suite Buy-In

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