What Do The Two Crypto Laws Proposed By Congress Entail?
Many things are set to happen this year. As the whole world and the crypto universe marches into 2020, the lawmakers in the US are drafting multiple bills. These bills ...
Tag: facebook Libra
Libra Is Unmoved By Hiccups, Maintains 2020 Approval Target
Ever since Facebook announced its Libra project whitepaper in June, it has encountered opposition from authorities and regulators. The Facebook-sponsored digital currency is striving to get approval from the European ...
Facebook Pay Demystified
Facebook unveiled a new product aiming to join the top contenders in the social media space and payment services. Data ranks among the most valuable things in the world today. ...
State Digital Currency Not in Demand in Japan: Central Bank Governor Says
Governor Haruhiko Kuroda of Bank of Japan (BOJ) has insisted that there is no significant public demand for a central bank digital currency (CBDC) in the Asian country. Speaking at ...
Global Stablecoins Threaten a Scrappy Europe; ECB Board Member
Benoit Coeure, a European Central Bank (ECB) board, has insisted that global stablecoins are largely untested. Therefore, they pose major potential risks across multiple policy domains like the European Union. ...
Google, Facebook Colonizing Banking World, Are Cryptos Substituted?
A strange occurrence is unfolding in the economic industry. It has been developing in the past few decades. After the internet came and communications became effective, the financial world underwent ...
IMF Would Make Libra More Trustworthy, Former PBoC Governor Says
Ever since Facebook unveiled its whitepaper for the Libra Project, it has faced challenges and opposition from governments and regulators around the world. However, Zhou Xiaochuan, the former head of ...
China’s Maiden ‘Crypto Law’ Applies Starting in January 2020
Since the ICO boom and an increased criminal activity level in the crypto world, China banned all cryptocurrency activities within its jurisdiction. Now, things seem to be changing. The Standing ...
Central Banks Look Into Launching Stablecoins Like Libra
Facebook has faced severely unexpected backlash and opposition from governments and authorities around the world ever since it launched its Libra project’s white paper in June. Some prominent American politicians ...
How Hedera Hashgraph Operates
Bitcoin is the first generation of decentralized technology while Ethereum is the second generation in this category. These technologies pioneered the decentralized infrastructure and programmability in blockchain. Both of them ...