Search Results for "libra"
25 Years With HSBC, Now Libra’s New Managing Director
Geneva based Libra Association, an independent group organised by Facebook to manage its Libra stablecoin project, announced the appointment of former HSBC head James Emmett, as the Managing Director of Libra Networks. James Emmett said of his appointment that will
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Facebook’s Libra Appoints ex Secretary for Terrorism & Financial Intelligence as its First CEO
The Libra Association, an independent membership organization, announced the appointment of Stuart Levey as its first CEO. Mr. Levey brings to the Association a wealth of leadership experience in the public and private sectors cutting across banking, regulatory policy and
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Libra Association Releases Updated Stablecoin Proposal / Seeking for Finma License
The Libra Association, an independent group organized by Facebook to manage the Libra stablecoin project, has released a new version of its whitepaper with several changes aimed at addressing regulatory concerns. The updated whitepaper, released on April 16, outlines several
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Central Bank Digital Currencies and Libra in the Spotlight
It appears that central banks are devising a response to decentralised money, such as bitcoin – by contemplating new centralised digital versions of their own currencies. This goes by the name of Central Bank Digital Currency, or CBDC. Libra’s stablecoin project launched
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Federal Council About the Current Status of Stablecoins and Facebook Libra in Switzerland
During its meeting on 16 October 2019, the Swiss Federal Council was informed about the current opportunities and challenges associated with stablecoins. Switzerland will continue to actively monitor discussions on new digital technologies such as blockchain/DLT, etc. The country is
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Libra: Despite Claims, Facebook Has Yet To Contact Swiss Data Protection Authority
During a hearing in the US Senate, David Marcus, the head of Facebook’s digital currency project Libra, said that Swiss authorities will be overseeing data and privacy protections for its Libra cryptocurrency. But a spokesperson for the Federal Data Protection
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Mike Stawchansky to Spearhead Finastra’s Gen AI Initiatives as New Tech Chief
Financial software provider Finastra has appointed Mike Stawchansky as its new Senior Vice President and Chief Technology Innovation Officer. Mike, who will be working closely with the Office of the CEO, is set to spearhead the company’s initiatives in customer technology and innovation, particularly
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Media M&A Landscape Confident for Growth Amid Strategic Shifts
In 2023, the mergers and acquisitions (M&A) market underwent a considerable decline, dropping by 15% year-on-year (YoY) in value to US$4.3 trillion and reaching its lower level in a decade, data from Bain and Company’s M&A Report 2024 shows. Strategic
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The Future of Fintech and Funding in 2024
The recent slowdown in venture capital (VC) investment, coupled with increased regulatory scrutiny, has created a more complex landscape for fintech founders and investors. But despite these challenges, opportunities still exist in the sector as demand for regtech, embedded finance
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Banking-as-a-Service Momentum to Carry on this Year in Europe
Banking-as-a-service (BaaS) has been on the rise in Europe in recent years, driven by favorable new regulations, the region’s thriving fintech ecosystem, increased collaboration between banks and fintech companies, and changing customer expectations. Moving forward, BaaS will carry on its
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