Gov't-Backed Digital Currencies On Horizon, ING Exec Says
By Philip Rosenstein (September 27, 2019, 4:00 PM EDT) -- Digital currency projects like Facebook-led Libra are putting pressure on central banks to move faster, making them likely to launch government-backed digital currencies within three years, according to Dutch bank ING Group's chief economist.
Speaking in a video posted Friday by ING, Mark Cliffe emphasized the "sense of urgency" among policymakers that has permeated the discussion of Libra since its announcement in June. Lawmakers and regulators in many of the large developed nations including the United States, Germany and France have been outwardly skeptical of Facebook's plan to develop a private digital currency, with high-level officials seeking to block its development...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!