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Banks and other financial institutions are well aware of cryptocurrencies and digital assets. So much even that the European System of Central Banks may create its own Euro-backed stablecoin fairly soon. Although these plans are not officially confirmed, a recent communication shows the plan is at least being considered. ECSB Takes Note of Digital Assets In … Read more
Facebook’s COO Sandberg in talks with the U.S. House Financial Services Committee to testify about Libra stablecoin Go to Source Powered by WPeMatico
After successful initial trials, Oxfam will soon test DAI as a means to provide financial assistance in Tanna Go to Source Powered by WPeMatico
Ex-Fed official Simon Potter says that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense Go to Source Powered by WPeMatico
The reliability and weaknesses of the decentralized stablecoin DAI and the ecosystem built on it have been shown by the recent Ether price drop Go to Source Powered by WPeMatico
Libra has been a wakeup call for banks to consider major issues in global payment systems, an ECB board member says Go to Source Powered by WPeMatico
EU politicians eye up “Eurocoin” to battle Libra in Europe as the lawmakers and central bankers fear that private currencies can disrupt economies and sovereignty Go to Source Powered by WPeMatico
Facebook’s planned Libra stablecoin could have a “huge impact on society,” says the governor of the Bank of Japan Go to Source Powered by WPeMatico
The IMF has kept close tabs on various cryptocurrencies for some time now. Numerous warnings regarding Bitcoin and altcoins have been issued in recent years. In a surprising turn of events, the organization now focuses its attention on stablecoins. These digital assets gain a lot of popularity, yet the IMF is concerned they will pose … Read more
IBM says it’s ready to work with its clients who are interested in Facebook’s Libra Go to Source Powered by WPeMatico
