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Stablecoin Domains - Showcase and Discuss

Labeled as showcase in Niche Domain Discussion, started by Woke Monkey, Apr 24, 2020

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  1. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Last edited: Jun 1, 2021
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  2. Levi_charlz

    Levi_charlz Top Contributor VIP

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  3. Elad n

    Elad n Top Contributor VIP

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  4. Levi_charlz

    Levi_charlz Top Contributor VIP

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    G7 central bankers, finance ministers discuss stablecoins, central bank digital currencies at latest meeting

    "We reiterate that no global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements through appropriate design and by adhering to applicable standards. We are committed to international cooperation to ensure common standards, including by supporting international standard setting bodies in reviewing existing regulatory standards, and emphasise the importance of addressing any identified gaps. We support the FSB’s ongoing work in reviewing regulatory, supervisory and oversight challenges to the implementation of its High Level Recommendations for global stablecoin arrangements."

    https://www.theblockcrypto.com/post/107367/g7-stablecoins-cbdc-statement-june-2021
     
  5. Levi_charlz

    Levi_charlz Top Contributor VIP

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  6. Levi_charlz

    Levi_charlz Top Contributor VIP

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    New forms of digital money

    This Discussion Paper sets out the Bank’s emerging thoughts on new forms of digital money, which include both systemic stablecoins and a UK CBDC. It builds on the Bank’s previous Discussion Paper on CBDC published in March 2020,footnote [1] and the Financial Policy Committee’s expectations for stablecoins set out in the December 2019 Financial Stability Report.footnote [2] The Bank has not yet made a decision on its detailed regulatory approach to stablecoins, or on whether to introduce a CBDC in the UK. These questions will need to be considered in consultation with Her Majesty’s Government.

    https://www.bankofengland.co.uk/paper/2021/new-forms-of-digital-money?sf145271097=1

    #Britcoin #StableTokens #CBDC #Stablecoins
     
    Last edited: Jun 7, 2021
  7. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Lifting stablecoins' quality standards for consumer protection, financial stability and compliance will require a public-private partnership.

    Which is why the Diem Association is committed to phasing out ≋USD when a CBDC becomes available.

     
    Last edited: Jun 7, 2021
  8. Levi_charlz

    Levi_charlz Top Contributor VIP

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    BoE says 'stablecoin' payments need same rules as banks

    The Bank of England said on Monday that payments with 'stablecoins' - a form of cryptocurrency usually pegged to a traditional currency - should be regulated in the same way as payments handled by banks if they start to become widely used.

    The central bank also said it had made no decision yet about whether to issue its own central bank digital currency, or CBDC, a prospect dubbed 'Britcoin' by finance minister Rishi Sunak when he asked the BoE to look into this in April.

    https://www.reuters.com/business/fi...yments-need-same-regulation-banks-2021-06-07/
     
    Last edited: Jun 7, 2021
  9. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Chancellor: Digital currencies are no “stablecoin”

    Digital coins issued by central banks could prove the most significant financial innovation since the invention of paper money. Central bankers claim their new money will drive bitcoin and other cryptos out of the market. But if the early history of paper money is any guide, a digital currency at the outset will be no “stablecoin”, and is more likely to prove a force for inflation and other economic woes.

    https://www.reuters.com/breakingviews/chancellor-digital-currencies-are-no-stablecoin-2021-05-11/
     
  10. Levi_charlz

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  11. Levi_charlz

    Levi_charlz Top Contributor VIP

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  12. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Why a digital dollar could be just what the economy needs

    On Wednesday morning, the Senate Banking Committee Economic Policy Subcommittee under Senators Warren and Kennedy will hold a hearing on the challenges and opportunities of a Digital Dollar. The hearing will undoubtedly note the recent speech by Federal Reserve Governor Lael Brainard outlined potential advantages of a U.S. central bank digital currency (CBDC), including with respect to access, inclusion, and efficiency, and next steps in the Fed's analysis. It will also note the speech the week before by Sir Jon Cunliffe, deputy governor of the Bank of England, promising a careful and thorough assessment of the need for some form of "Britcoin" to "meet the needs of modern day life."


    https://www.cnbc.com/2021/06/09/op-ed-why-a-digital-dollar-could-be-just-what-the-economy-needs.html
     
  13. Levi_charlz

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  14. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Global banking regulator urges toughest capital rules for crypto

    Some assets, such as stock tokens, would fit into modified existing rules on minimum capital standards for banks. Others, such as bitcoin, would face a new “conservative” prudential regime, it recommended.

    Stablecoins — cryptocurrencies pegged to traditional assets such as currencies — would also qualify for existing rules if they were fully reserved at all times, the committee said. Banks would have to monitor that this was “effective at all times”, it added.

    https://www.ft.com/content/3fe7be31-179a-47dd-9a61-8f4ea42b9c62

    #Stablecoins #Cryptoassets
     
  15. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Global banking regulators call for toughest rules for cryptocurrencies

    Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly.

    However, it said looser rules could apply to stablecoins – a new form of digital asset usually pegged to the value of a traditional currency – that may require only a level of capital rules applied to traditional assets such as bonds, loans, deposits, equities or commodities.

    https://www.theguardian.com/technol...l-banking-regulators-cryptocurrencies-bitcoin

    #Stablecoins #CBDC #Cryptoassets
     
  16. DomainBarracksRob

    DomainBarracksRob Top Contributor VIP

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  17. Levi_charlz

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    Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says

    Christina Segal-Knowles played down concerns that the traditional banking model would be undermined.

    Stablecoins and central bank digital currencies (CBDCs) don’t pose an inherent risk to financial stability even if they displace bank deposits, a Bank of England (BoE) executive director said.

    A shift to wider use of stablecoins and CBDCs "does not inherently constitute a financial stability risk as long as it happens in an orderly manner," Christina Segal-Knowles, executive director of financial market infrastructure at the BoE, said in a speech Thursday.

    https://www.coindesk.com/stablecoin...stability-risk-bank-of-england-executive-says

    #Stablecoins #CBDC
     
  18. seodavid08

    seodavid08 Established Member

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    I Just got a tweet :

    Coinbase, Inc. has acquired Usdc(.)com domain name from its past owners according to whois records. The domain appears to have been acquired around the end of June/2019. USD Coin (USDC) is a stablecoin fully backed by the US dollar according to Coinbase.

    Do you think about my domain " USD-C.COM" ?
     
  19. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks

    ‘The proposals split cryptoassets into two broad groups: those eligible for treatment under the existing Basel Framework with some modifications; and others, such as bitcoin, are subject to a new conservative prudential treatment.’

    The first group includes “certain tokenized traditional assets and stablecoins,” the BIS clarified, adding that crypto assets in the second group “pose additional and higher risks.”

    https://news.bitcoin.com/basel-committee-differentiating-regulation-crypto-assets/

    #tokens #Cryptoassets #Stablecoins
     
  20. Mary Muse

    Mary Muse Restricted (85-100%)

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    Cryptoasset+Laws
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    dotcom
     
  21. Levi_charlz

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  22. Levi_charlz

    Levi_charlz Top Contributor VIP

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  23. Domainsyrup

    Domainsyrup Top Contributor VIP

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    Just renewed:
    Unstablecoin. king " .org is live "
    iStablecoin. king " .io is up "
     
    Last edited: Jun 14, 2021
  24. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Stablecoins Approach Mainstream Tipping Point

    The rise of public blockchain infrastructure and the explosion in Global Stablecoin growth has set the stage for a mainstream tipping point in digital currency adoption that will be ushered in by advances in user experience, blockchain scalability, and regulatory standards.

    BC9CCE34-116D-4F70-A434-3C84EB8D32AC.webp
    https://www.globalstablecoins.co.uk/stablecoins-approach-mainstream-tipping-point
     
  25. Levi_charlz

    Levi_charlz Top Contributor VIP

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    Innovation to serve the public interest - speech by Andrew Bailey

    Stablecoins have the potential to be systemic in terms of their importance for the financial system and its stability. As our paper describes, the precise definitions and mean of ‘systemic’ in this context needs further work, but it will be linked to their ability to scale up and grow rapidly, and to become widely used as a trusted form of sterling-denominated payments by households and non-financial businesses.

    Any new form of digital money in order to succeed will need to be trusted as a store of value and as an accepted means of payment. Stablecoins must therefore promise, credibly and consistently, to be fully interchangeable with existing forms of money. In other words, they must be anchored in and thus maintain confidence in the monetary system.

    It is with this objective firmly in mind that the Bank of England’s Financial Policy Committee has set out its expectations to inform the design and regulation of stablecoins, and thus lay a clear foundation for sustainable innovation by setting out the public

    The FPC’s first stablecoin expectation relates to the principles and expectations that payment regulation should aim to achieve. In this regard, UK authorities are already considering the regulatory approach for payments, including in response to both systemic and non-systemic stablecoins.

    The FPC’s second expectation relates to the use of stablecoins as money. This recognises that the Bank’s existing payments regulatory regime alone would not be sufficient to ensure the safety of a new form of digital money. Certain key features of the banking regime would also need to be reflected in any regulatory model meeting the FPC’s second stablecoin expectation. The Bank’s view is that these include: legal claim, capital requirements, liquidity requirements and eligibility for support from a central bank during a stress, and a separate backstop to compensate depositors in the event of failure.

    The regulatory model for stablecoins could include different applications of these features – as long as it offers equivalent protections to those for commercial bank money. As part of this, a key requirement will be to ensure that, unless the stablecoin is operating as a bank, the backing assets for stablecoins cover the outstanding coin issuance at all times.

    https://www.bankofengland.co.uk/spe...bailey-cityuk-annual-conference?sf145844148=1

    SystemicStablecoins.com
     

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