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Why Facebook Chose Stablecoins as Its Path to Crypto

When Facebook Inc. developed Libra, its planned digital currency, it decided to focus on one version of the crypto world known as stablecoins. They’re not the biggest or best-known players in the field pioneered by Bitcoin. But to the broad ran.....»»

Category: topSource: washpostJun 18th, 2019

Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns

Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions......»»

Category: forexSource: coindeskNov 7th, 2019

Facebook Crypto Plan on Rocky Ground: ETFs Under Pressure

Zacks.....»»

Category: topSource: redinewsOct 24th, 2019

Regulate Stablecoins – Don’t Squash Them

Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center......»»

Category: forexSource: coindeskOct 23rd, 2019

Facebook is considering using "stablecoins" pegged to the value of real-world currencies to power its digital currency efforts (FB)

AP Photo/Andrew Harnik Facebook is conside.....»»

Category: topSource: businessinsiderOct 21st, 2019

Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate......»»

Category: forexSource: coindeskOct 21st, 2019

Facebook open to currency-pegged stablecoins, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 20th, 2019

Facebook open to currency-pegged stablecoins for Libra project

Facebook Inc , facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed......»»

Category: topSource: reutersOct 20th, 2019

Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month......»»

Category: forexSource: coindeskOct 9th, 2019

Now Traders Can Make Bets on When Facebook’s Libra Will Launch

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project......»»

Category: forexSource: coindeskOct 7th, 2019

PayPal Withdraws From Facebook-Led Libra Crypto Project

PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report......»»

Category: forexSource: coindeskOct 4th, 2019

Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript

In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra......»»

Category: forexSource: coindeskOct 2nd, 2019

Facebook Libra partners undecided over crypto support, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 1st, 2019

Facebook-Led Libra Could Be Boon to UN, Says Crypto Project’s Chief

The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals......»»

Category: forexSource: coindeskSep 27th, 2019

Libra Crypto Is ‘Undoubtedly’ a Wakeup Call for Central Banks, Says ECB Exec

The Facebook-backed stable coin solves problems and could create others......»»

Category: forexSource: coindeskSep 26th, 2019

Japan’s Central Bank Chief Calls for International Effort on Libra Regulation

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra......»»

Category: forexSource: coindeskSep 24th, 2019

SEC Chair, Commissioners to Talk Crypto at Congress Hearing Next Week

The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week......»»

Category: forexSource: coindeskSep 19th, 2019

China’s Crypto Czar: Facebook-Led Libra ‘Might Be Unstoppable’

China’s cryptocurrency czar says the world powers do not welcome Facebook’s Libra, but the stablecoin’s advance might now be unstoppable......»»

Category: forexSource: coindeskSep 19th, 2019

Chinese Crypto Czar: Facebook-Led Libra ‘Might Be Unstoppable’

China’s cryptocurrency czar says the world powers do not welcome Facebook’s Libra, but the stablecoin’s advance might now be unstoppable......»»

Category: forexSource: coindeskSep 19th, 2019

Germany Passes National Policy to Explore Blockchain But Limit Stablecoins

Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra......»»

Category: forexSource: coindeskSep 18th, 2019

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project......»»

Category: forexSource: coindeskSep 16th, 2019