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The public perception of Facebook’s digital currency project remains all over the place. Despite a lot of initial excitement regarding Libra, it remains to be seen how well the project will fare when everything is said and done. While there may be some big hurdles ahead, there are a few key reasons as to why … Read more
This week in the Hodler’s Digest, Facebook faces growing resistance over libra, and a banking boss makes an extravagant U-turn Go to Source Powered by WPeMatico
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure Go to Source Powered by WPeMatico
Facebook’s Libra will run in a closed-loop permission scheme, requiring unique regulation, according to Jeremy Allaire, CEO of payments company Circle Go to Source Powered by WPeMatico
A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because a lot of unanswered questions … Read more
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman Maxine Waters and cohorts took aim this week not only … Read more
Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter, a new analysis shows Go to Source Powered by WPeMatico
Facebook’s David Marcus addressed trust concerns surrounding the Libra cryptocurrency in a recent post Go to Source Powered by WPeMatico
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin Go to Source Powered by WPeMatico
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz Go to Source Powered by WPeMatico
