Fed Chairman: ‘No One Uses It’ — Bitcoin a Speculative Asset Like Gold
Fed Chairman Powell has said that a globally prevalent cryptocurrency could conceivably remove the need for reserve currencies Go to Source Powered by WPeMatico
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The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’
The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with the veracity of … Read more
Bank of English Governor on Libra as a Solution to Financial Problems
Mark Carney says Libra is aiming to fix issues that need to be addressed, even if Libra proves not to be the solution Go to Source Powered by WPeMatico
Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief
A former governor of the People’s Bank of China has indicated that Beijing may delegate the issuance of digital currency to commercial entities Go to Source Powered by WPeMatico
‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss
The Winklevoss twins forecast 2021 will see crypto-like offerings from all major tech giants after Facebook Go to Source Powered by WPeMatico
Bitcoin Price Slips 10% in 24 hrs as Fed Raises Facebook Libra Concerns
U.S. Fed Chairman sparks crypto rout with Facebook Libra comments Go to Source Powered by WPeMatico
Top-6 Issues Experts/Entities Have With Libra
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks Go to Source Powered by WPeMatico
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – … Read more
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra Go to Source Powered by WPeMatico
Expert: Facebook’s Libra Could Face Difficulties Entering Thai Market
Fiscal Policy Office legal officer Sumaporn Manason stated that Libra will likely face difficulties entering Thailand Go to Source Powered by WPeMatico
