Representatives from Libra, Facebook’s proposed cryptocurrency and blockchain, and investment bank JP Morgan met officials from the Bank of International Settlements (BIS) in Switzerland today to discuss policy and regulatory issues relating to stablecoins. The meeting was part of an effort by the bank to understand stablecoins, cryptocurrencies whose price is pegged to that of fiat currencies or basket of goods. Numbers for such coins … Continue reading Facebook and JP Morgan Team Meets With BIS; Libra Chief Says Coin Will Not Threaten “Monetary Sovereignty”.