France Says It’ll Block Facebook’s Libra Development in Europe: Report
France says it will block the development of Facebook’s Libra cryptocurrency in Europe Go to Source Powered by WPeMatico
Stablecoin
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US Politician Uses Crypto to Buy Cannabis for Tax Remittance Demo
First steps towards cannabis tax remittances via stablecoin in California as local politician buys cannabis using cryptocurrency Go to Source Powered by WPeMatico
Connecting Cash to the Internet Using Stablecoins
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across developed and emerging market countries since … Read more
Circle CEO: No One in the World Is Any Closer to CBDCs than China
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says Go to Source Powered by WPeMatico
Startup Finds and Patches Vulnerability in Code for Facebook’s Libra
Developers working for startup OpenZeppelin found and patched a vulnerability in the open-source code of Facebook’s Libra Go to Source Powered by WPeMatico
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
Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan Go to Source Powered by WPeMatico
Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?
A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The near … 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
