Facebook: The Rise of a Giant and the Libra Cryptocurrency
Facebook has wrapped up almost 16 years of history. Founded in 2004 chiefly as a social network company, Facebook initially launched to connect Harvard University students together...
Facebook Crypto Association Loses Another Vital Member
The Facebook crypto project, Libra, has lost another one of its backers with Vodafone announcing its decision to quit the Libra Association. Meanwhile, central banks from major...
Major Central Banks Form CBDC Think Tank
The Bank of Canada along with other central banks from Japan, Switzerland, England, Sweden, and the European Central Bank (ECB) are looking to work together as part of plans to create...
RBA to Block Facebook’s Libra in Australia
Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are...
Libra Association Vice Chairman Bashes Bitcoin at CES 2020
This year’s Consumer Electronics Show (CES) saw one of its speakers, Libra Association’s Dante Disparte, talk against Bitcoin, claiming that it is not a means of payment...
What’s Going to Happen with Bitcoin in India in 2020?
Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation...
ECB Says Banks Should Find Better Alternatives to Libra
Commercial banks should work out their own transfer systems as an alternative to Facebook’s Libra, urged Jens Weidmann, President of Bundesbank and member of the Governing Council of...
IMF Discusses Potential Role in CBDC Issuance
With the ongoing conversation surrounding central bank digital currencies (CBDCs), the International Monetary Fund (IMF) is examining its potential role in future sovereign digital...
Libra Prepares New 2.0 Roadmap for 2020 Launch
Despite regulatory uncertainty, the developers of Facebook’s Libra project continue forward. Recently, the Libra team released its second Roadmap, with points preparing for mainnet...
Tim Draper Opens Up on Blockchain, Crypto, and the Future
Billionaire Tim Draper recently spoke about emerging technologies, especially blockchain and crypto, revealing what he expects will come in years to come. The year 2019 is at its end...
Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga...
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto payments and digital money...