European Union finance ministers will tell their counterparts at a G20 meeting i...
BRUSSELS - European Union finance ministers will tell their counterparts at a G20 meeting in mid-October that a global regulatory response is needed to “stablecoins” such as Facebook’s Libra, an EU document said.
“Latest developments with regard to stablecoins and the multi-faceted regulatory, oversight and supervisory challenges these represent, call for seamless cooperation and concerted response at global level,” the EU will tell G20 partners at a meeting of finance ministers and central bankers in Washington on Oct. 17-18.
The European Central Bank has also called for strict oversight of Libra and will present a report on it at the G20 meeting, EU officials said. Officials said the text would not be changed, as it already called for urgent action to resolve trade disputes.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EU Courts Can Order Facebook to Remove Illegal Comments WorldwideBut Facebook is 'not liable for stored information if it has no knowledge of its illegal nature or if it acts expeditiously to remove or to disable access to that information,' the European Court of Justice says.
Weiterlesen »
Facebook must remove hateful posts worldwide, top EU court rulesEuropean courts can force Facebook and other platforms to find and destroy such content once they’ve been alerted, the EU judges said in a binding decision.
Weiterlesen »
EU courts can order Facebook to remove illegal comments worldwide: European top courtCourts in the European Union can order Facebook to remove worldwide comments by ...
Weiterlesen »
EU: Facebook can be forced to take down certain materialThe European Court of Justice ruling is seen as a defeat for Facebook as it could increase their responsibility for what is appearing on the internet.
Weiterlesen »
Countries Can Force Facebook To Remove Posts, EU Court RulesA precedent has been set for worldwide content policing on social media.
Weiterlesen »