David Marcus and His Calibrated Effort to Save Libra
Calibra’s David Marcus quickly rose to prominence as one of the most important people in crypto in 2019 Go to Source Powered by WPeMatico
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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put … Read more
Five Crypto Relationships Worth Noting on Valentine’s Day
Business partnerships, like romances, are fated to have their rocky moments. Facebook’s Libra project is no exception Go to Source Powered by WPeMatico
Can Blockchain Survive Mass Adoption? Future Perils Disclosed
Tech giants, corporations and governments could dramatically change blockchain tech from decentralized to centralized on their path to its adoption Go to Source Powered by WPeMatico
Reuters to Provide Fact-Checking for Facebook Amid 2020 US Presidential Elections
Reuters has formed a dedicated unit fact-check user-generated content on Facebook Go to Source Powered by WPeMatico
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U.S. Admitting that Facebook’s Libra project was a wake-up … Read more
FinCen: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
The deputy director of FinCen says social media platforms should have the same AML compliance responsibilities as traditional financial actors Go to Source Powered by WPeMatico
Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research
At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018 when Brainard maintained “there is no compelling demonstrated need for a … Read more
Mastercard CEO Reveals Why The Company Left Libra
Mastercard CEO explains his issues with Facebook’s Libra Go to Source Powered by WPeMatico
Top 10 Congresspeople Working on Crypto Policy
10 U.S. congresspeople who will define the future of cryptocurrency and blockchain policy in 2019 Go to Source Powered by WPeMatico
