Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
Libra will initially be pegged to just one fiat currency. Go to Source Powered by WPeMatico
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US intelligence is looking at Chinese CBDC as a national security threat
The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. Go to Source Powered by WPeMatico
Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’
Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives. Go to Source Powered by WPeMatico
Inflation games: Bitcoin competes with fiat on value but lacks volume
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies. Go to Source Powered by WPeMatico
Macro factors could bring Bitcoin to $1 trillion market cap, strategic investor says
Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin. Go to Source Powered by WPeMatico
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. Go to Source Powered by WPeMatico
Will they or won’t they? Central banks eye each other’s digital currency moves
Canada’s central bank recognizes that CBDCs are a necessarily international issue. Go to Source Powered by WPeMatico
This is the last major hurdle before Bitcoin price can target $20,000
$20,000 Bitcoin is back on the table if bulls clear this key resistance cluster. Go to Source Powered by WPeMatico
Singapore’s largest commercial bank reportedly launching crypto trading
Another global bank believes that digital assets are the future of the global economy. Go to Source Powered by WPeMatico
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts. Go to Source Powered by WPeMatico