Tuesday, January 28, 2020
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Tag: libra

US Congress Continues to Investigate Cryptocurrencies, Deep Divisions Revealed

Members of the United States Congress are again openly addressing the cryptocurrency revolution by holding committee hearings and researching its potential impact on the...

Paypal Abandons Libra, May Indicate Larger Plans for the Payment Company

PayPal has announced that it will withdraw from the Libra Association, which is yet another blow to Facebook’s planned digital currency. Whereas it is...

Stablecoins Are Growing & Creating Their Own Niche Within The Crypto...

Wells Fargo has become the latest financial institution to announce the creation of a stablecoin, which it intends to use for cross border transfers...

European Nations Coming Out Against Libra, Facebook Appears Not Concerned

Libra continues to meet resistance as European states are lining up to pronounce it dead on arrival. Leaders in both France and Germany have...

China’s Central Bank Plans to Create a Digital Currency to Rival...

The Central Bank of China has indicated plans to establish a digital coin. Already supported by the cabinet, this coin will come in handy...

Facebook’s Libra aims to Shakeup the E-commerce Industry

Facebook recently declared its plans to join the digital market by 2020. The move which has about twelve countries on board will see the...

Updated Rules by the Financial Industry Regulatory Authority (FINRA)

The United States Financial Industry Regulatory Authority (FINRA) has extended the deadline for companies to report their cryptocurrency ventures. The regulatory notice comes at...

America’s Leaders Continue To Send Mixed Signals on Crypto Adoption

Cryptocurrencies have become a key topic of discussion across Washington as America’s leaders are rapidly waking up to the reality of its disruptive potential....

Digital Currencies Could Surpass Traditional Money, IMF Reports

The large institutions that oversee the mechanisms of the global economy are paying ever closer attention to blockchain technology and cryptocurrencies. Among these institutions...

Facebook’s Libra is Forcing Congress To Address Crypto Revolution

Facebook’s announcement of Libra, its soon-to-be launched digital currency, is bringing significant attention to the growing crypto revolution, none more so than in the...