China’s efforts to develop a centrally-issued digital currency took a leap forward on Sunday as the state-owned Agricultural Bank of China launched the first digital …
State-owned Chinese bank rolls out ATMs for digital yuan Read More »
Facebook-backed Libra Association’s rebrand to Diem looked to quash negative perceptions of the project, but its new name has not changed the regulatory pressures the …
New name, old problems? Libra’s rebrand to Diem still faces challenges Read More »
A “stablecoin” is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the …
The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes …
In a tweet Monday evening, President Trump announced the departure of William Barr from the office of Attorney General. The announcement comes the same day …
With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto? Read More »
The Chinese government is not seeking to replace existing fiat currencies with its own digital currency, according to a former governor of the People’s Bank …
China has no plan to replace USD with digital yuan, former PBoC head says Read More »
The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices …
FTC sues Facebook in antitrust lawsuit as regulators mount offensive Read More »
Dec 09, 2020 at 14:58 // News Facebook still faces problems before the launch of their Libra coin. Right after rebranding its Libra Foundation to …
Rebranded Facebook’s Libra Still Raises Concerns from Governments Read More »
Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions, …
Hundreds of millions of consumers will use digital currencies soon: Circle CEO Read More »
Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said. …
Facebook hopes to launch its crypto and wallet in 2021, top exec says Read More »
