Facebook COO Sandberg in Talks to Testify On Libra Before The House
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
Stablecoin
Auto Added by WPeMatico
Oxfam Readies Phase Two of Dai-Based Vanuatu Disaster Relief Program
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: Ending US Dollar Dominance for Crypto Makes No Sense
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
Ether Price Drop Shakes DAI Stablecoin Peg, Two Collateral Contracts Closed
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
ECB Exec Says Libra Could Address Failings of Global Payments System
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 and Libra: Facebook’s Project Getts Challenged as ‘Eurocoin’ Looms
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
Bank of Japan Governor: Libra Needs Globally-Coordinated Regulation
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 Expresses Concerns Over Stablecoin Popularity
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 Open to Working With Facebook on Libra Crypto
IBM says it’s ready to work with its clients who are interested in Facebook’s Libra Go to Source Powered by WPeMatico
Facebook Buys Chatbot Startup Servicefriend to Integrate Into Calibra
Facebook acquires Israeli chatbot startup Servicefriend for Calibra’s customer service Go to Source Powered by WPeMatico