This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Facebook's Libra use in developing world should be IMF focus, ECB's Coeure says

( October 17, 2019, 16:17 GMT | Official Statement) -- MLex Summary: The use of virtual currencies like Facebook's Libra should be a focus for the International Monetary Fund, European Central Bank board member Benoît Cœuré has said, adding that developing countries could incur higher costs from the loss of monetary sovereignty. There was no intention to ban "stable coins," but the Financial Stability Board will next April publish a report on how jurisdictions intend to regulate them, he said.Statement follows....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login