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Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto. Go to Source Powered by WPeMatico
A former PBoC official says that his country has taken a cautious approach with the digital yuan. Go to Source Powered by WPeMatico
Regulators around the globe are increasingly turning hostile to the social media behemoth. Go to Source Powered by WPeMatico
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Go to Source Powered by WPeMatico
The social media giant has rebranded in hopes of scoring regulatory approval. Go to Source Powered by WPeMatico
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name. Go to Source Powered by WPeMatico
German finance minister says “A wolf in sheep’s clothing is still a wolf.” Go to Source Powered by WPeMatico
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes an average of six transactions per second (tps), with the highest … Read more
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future. Go to Source Powered by WPeMatico
But the bill is unlikely to become law any time soon. Go to Source Powered by WPeMatico
