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World Economic Forum Launches Global Consortium for Digital Currencies Governance

World Economic Forum Launches Global Consortium for Digital Currencies Governance

The World Economic Forum has unveiled a global consortium that aims to design a framework for the governance of digital currencies, including stablecoins. The consortium will focus on increasing access to the financial system through innovative policy solutions, which are interoperable and inclusive. The inspiration behind the formation of the consortium is based on the premise that opportunities for financial inclusion can only be unlocked if the space is properly regulated and include private-public cooperation across emerging and developed markets.

Aave Makes History as Core Developers Transfer Governance to Token Holders

Aave Makes History as Core Developers Transfer Governance to Token Holders

DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.

The ECB Expresses Concerns on Regulating Stablecoins

The ECB Expresses Concerns on Regulating Stablecoins

Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?

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