China’s Central Bank Developing Own Digital Currency in Response to Libra
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin Go to Source Powered by WPeMatico
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Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users
South American social networking giant Taringa! has partnered with MakerDAO and Airtm to launch a stablecoin-powered points system for its 27 million strong user base Go to Source Powered by WPeMatico
Hodler’s Digest, July 1–7: Top Stories, Price Movements, Quotes and FUD of the Week
This week in the Hodler’s Digest, Facebook faces growing resistance over libra, and a banking boss makes an extravagant U-turn Go to Source Powered by WPeMatico
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure Go to Source Powered by WPeMatico
Circle CEO Hopes Libra’s Unique Needs Trigger Positive Regulation
Facebook’s Libra will run in a closed-loop permission scheme, requiring unique regulation, according to Jeremy Allaire, CEO of payments company Circle Go to Source Powered by WPeMatico
Tether Stablecoin: Can the Crypto Market Live Without It?
What will it take for the markets to escape Tether’s influence and can it do it at all? Go to Source Powered by WPeMatico
Binance to Switch Tether Addresses from Omni to ERC-20
Binance to shut down tether withdrawals and deposits to switch to ERC-20 Go to Source Powered by WPeMatico
US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin Go to Source Powered by WPeMatico
Binance Charity Announces Alliance to Support Feminine Health
The Binance Charity Foundation has formed an alliance of 47 organizations to address feminine health issues in Uganda Go to Source Powered by WPeMatico
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz Go to Source Powered by WPeMatico