Search Results for "libra"
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections
The legislation bill provides a framework that develops clear standards and defines appropriate jurisdictional boundaries.
Paypal Confirms Plans to Launch its Platform Specific Stablecoin
American payments giant Paypal Holdings Inc has confirmed it is working on its own digital currency which may take the form of a stablecoin.
Tether's Development Team Nears Completion of Advanced Mining Libraries
Tether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.
US Senator Sherrod Brown: Facebook is delusional
“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.
China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'
China has been reportedly developing its central bank-issued digital currency for a while and is believed to be ready to launch by China’s central bank, People’s Bank of China (PBoC).
Mark Zuckerberg's Sister Randi Zuckerberg Shows Her Support For Bitcoin & Ripple
Randi Zuckerberg, Mark Zuckerberg's sister has lately been showing her immense support and interest in the cryptocurrency market, particularly for Bitcoin and Ripple XRP. She runs a satellite radio show SiriusXM which hosted three cryptocurrency experts who were very bullish on Bitcoin and the cryptocurrency market as a whole.
Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know
The Swiss Financial Market Supervisory Authority (FINMA) issued new guidelines for stablecoins added as a supplement to its existing guidelines for initial coin offerings (ICOs) to outline how stablecoins are treated under the Swiss supervisory law.
Five EU Member States Take Position Against Stablecoins
Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region
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.
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?
ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns
Ralph Hamers, the CEO of ING, warned that Facebook's relationships with banks will probably be cut off due to its inability to address Libra regulatory issues, especially the money-laundering fears.