Jamie Dimon About Libra: ‘A Neat Idea That Will Never Happen’
Jamie Dimon spoke about Facebook’s Libra stablecoin and highlighted JPMorgan’s JPM Coin in a speech at the Institute of International Finance Go to Source Powered by WPeMatico
Stablecoin
Auto Added by WPeMatico
German Minister Doubles Down on Statements Against Facebook’s Libra
German Federal Minister of Finance Olaf Scholz has again stated that policymakers should prevent the issuance of Facebook’s Libra stablecoin Go to Source Powered by WPeMatico
Huobi Lira Onramp to Enable Crypto Trading for Turkish Users
Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit Go to Source Powered by WPeMatico
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
FATF joins other authorities voicing concerns about Facebook’s Libra Go to Source Powered by WPeMatico
G7 Task Force Releases Full Report on Impact of Global Stablecoins
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report Go to Source Powered by WPeMatico
Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey
According to one recent survey, nearly 75 percent of German consumers completely reject the idea of Facebook’s Libra as currency Go to Source Powered by WPeMatico
104 Addresses Hold 70% of Tether, Research Reveals
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the … Read more
French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra
France: government minister attacks Facebook’s Libra once again Go to Source Powered by WPeMatico
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in 12 students already owns digital coins. Also read: Ukraine … Read more
Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus
The head of Facebook’s Calibra, David Marcus, says he is a big fan of Bitcoin, but it is totally different than Libra Go to Source Powered by WPeMatico