Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin Go to Source Powered by WPeMatico
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Former US Congressman Calls for Nuanced Cryptocurrency Regulations
Former congressman Harold J. Ford says that lawmakers and regulators should develop clear regulations for digital currencies Go to Source Powered by WPeMatico
Bitcoin’s Scaling Problems Forced Facebook to Launch Libra
If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear in an interview with Abra’s Bill Barhydt. The investment platform’s CEO claims … Read more
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term Go to Source Powered by WPeMatico
Facebook Hires on New Lobbyists for Libra Stablecoin Project
Facebook has hired two more lobbyists to help the release of its forthcoming Libra stablecoin Go to Source Powered by WPeMatico
JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’
Libra can add negative yields to its growing list of risks, according to a new JPMorgan analysis Go to Source Powered by WPeMatico
Crypto Banking Regulation Around the World, First Signs of Growth
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated? Go to Source Powered by WPeMatico
Biggest Problems With Stablecoins, Explained
Concerns over transparency and reserves are lingering over stablecoins, with big players facing regulatory pushback as they try to launch their own currencies #CT_sponsored Go to Source Powered by WPeMatico
ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch Go to Source Powered by WPeMatico
500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1
In this week’s Hodler’s Digest, Bitcoin back in four figures, Craig Wright ordered to pay 500,000 BTC, and French police shut massive botnet Go to Source Powered by WPeMatico
