Facebook-backed Libra welcomes Blockchain Capital as new member
Libra gets another member as it strives to have 100 entities on board. Go to Source Powered by WPeMatico
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Libra appoints HSBC veteran to manage crypto project’s operational wing
Top financial services experts continue to join the Libra project. Go to Source Powered by WPeMatico
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s … Read more
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
Banque de France Governor François Villeroy de Galhau wanted about the threat of “Big Tech” stablecoins. Go to Source Powered by WPeMatico
Libra replaces general counsel Robert Werner after 3 months
Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra’s top lawyer. Go to Source Powered by WPeMatico
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly. Go to Source Powered by WPeMatico
Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro
In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank. Go to Source Powered by WPeMatico
Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
There are multiple ways to approach digital payments, and Facebook wants to cover them all. Go to Source Powered by WPeMatico
Facebook Goes All-In On FinTech With Launch of New Subsidiary
Facebook is determined not to take “no” for an answer when it comes to FinTech. Go to Source Powered by WPeMatico
WATCH LIVE: CEOs of Facebook, Apple, Amazon and Alphabet Square Off With Congress
Tech giants face hearing before Congress that will ask whether they violate antitrust and monopoly laws in the U.S. Go to Source Powered by WPeMatico
