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The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector Go to Source Powered by WPeMatico
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine … Read more
Digital lead for Calibra explains why Facebook has built a new programming language called Move to power Libra Go to Source Powered by WPeMatico
After multiple departures, the Libra Association finally has the first addition to its foundation in the form of e-commerce giant Shopify Go to Source Powered by WPeMatico
Libra, the digital currency from Facebook, is raising more than a few eyebrows in the European Union Go to Source Powered by WPeMatico
The ESMA, the EU’s financial governing body, noted several risks of big tech companies entering the financial space as part of a 2020 report Go to Source Powered by WPeMatico
Calibra’s David Marcus quickly rose to prominence as one of the most important people in crypto in 2019 Go to Source Powered by WPeMatico
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put … Read more
Business partnerships, like romances, are fated to have their rocky moments. Facebook’s Libra project is no exception Go to Source Powered by WPeMatico
Facebook’s Libra digital currency is not going anywhere any time soon. Even though most people are aware of this, the UpLibra scam is trying to make the rounds once again. No one can obtain Facebook’s Libra at this time. There is no Libra Currency Given the current regulatory pressure, it seems unlikely that anyone will, … Read more
