Stanford Prof: Crypto Will Rain on Banks’ Low-Interest Rate Parade
A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector Go to Source Powered by WPeMatico
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After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra
The party line thickens and Libra looks hamstrung at yesterday’s Zuckerberg hearing before the House Financial Services Committee Go to Source Powered by WPeMatico
FATF Starts Checking How Well Countries Implement Crypto Standards
The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements swiftly,” the FATF emphasized. Also read: Where US Regulators Stand on Cryptocurrency FATF … Read more
Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed Finance Minister Talks Crypto At the … Read more
McAfee Champions Importance of Stablecoins for Decentralized Exchanges
Decentralized exchange users should store value in stablecoins, not fiat, argues John McAfee Go to Source Powered by WPeMatico
Swiss Federal Council Continues to Monitor Stablecoins and Blockchain
The Swiss Federal Council is keeping close tabs on global stablecoin projects and their possible opportunities and challenges Go to Source Powered by WPeMatico
Libra Association’s Head of Product Spent Just Five Months in the Role
Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile Go to Source Powered by WPeMatico
US House Committee Demands Zuckerberg Testify About Libra Before January
The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January Go to Source Powered by WPeMatico
Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin
Former employees of JPMorgan, Intel, and TrustToken are launching a new stablecoin, dubbed the USDD Go to Source Powered by WPeMatico
ECB President: Stablecoins and Crypto Not Suitable Money Substitutes
ECB president says stablecoins and crypto are not yet suitable as money substitutes Go to Source Powered by WPeMatico
