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Category: Diem
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Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’
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Diem co-creator leaving Facebook for Planet Labs
Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be “a journey of years and decades.”
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Many pieces of the Diem puzzle still missing as launch gets delayed
Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries.
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Meme pioneer launches NFT lolcats on OpenSea
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.
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ECB wants final say on the legal status of private stablecoins in the EU
The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem.
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BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
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9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash, and Circle’s popular stablecoin. This week Mike Novogratz asked his Twitter followers out […]
The post 9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race appeared first on Bitcoin News.
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New name, old problems? Libra’s rebrand to Diem still faces challenges
The Diem Association’s rebrand from Libra was supposed to herald a new day for the project, but a touted 2021 launch may not go as planned.
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IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition of reserves. Advances in Financial Technologies In addition to the […]
The post IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves appeared first on Bitcoin News.
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