Facebook’s long-awaited digital currency has officially entered the crypto space after rebranding to get approval. The Diem Association has also announced a partnership with Silvergate to help offer the Diem…
Browsing: Libra
Facebook-backed Diem stable coin, a rebrand of Libra, is ready for a small-scale pilot test this year, the company has revealed. This is another attempt by the social media giant…
Facebook will finally launch its cryptocurrency Libra in January 2021, but very different from the initial plan. Bitcoin and Ethereum will face a new competitor. It was announced today that…
Facebook has published a revised white paper for Libra, which is fundamentally different from the first version. A smart contract functionality enables the issuance of stablecoins and digital currencies, such…
The president of the Deutsche Bundesbank und ECB official, Jens Weidmann calls for a cheaper and faster alternative to Facebook’s Libra. With its products Ripple could become a viable option…
Messari co-founder Ryan Selkis thinks that the project will remain stagnant for years. Selkis sees a greater likelihood of the Libra team developing stablecoins specific to each market. Facebook’s flagship…
The list of banks that are developing their own digital coin is growing. While Turkey will be lanching its Central Bank Digital Currency (CBDC) next year, China could be the…
In a new episode of “The Ripple Drop” the Ripple Team takes a look at the coming year and reflects on the biggest surprises and “aha-moments” in 2019. The strong…
The developers of Facebook’s Libra have summarized the project’s achievements in 2019 and presented a 2.0 roadmap for 2020. Meanwhile the project continues at a political impasse. The uncertainty about…
The new President of the European Central Bank (ECB), Christine Lagarde, presented her plans for the development of a digital Euro at a press conference yesterday. During the press conference…
At a lecture at Harvard’s Kennedy School, the president of the CFTC spoke about the possibility of adopting a new regulatory approach towards cryptocurrencies and stablecoins. The representative of the…
China is preparing to carry out the testing phase of the Digital Yuan before the beginning of 2020. The race in cryptospace and its key players: Digital Yuan, Facebook Libra…
Reports indicate that France will be the first country to start testing the Euro Digital next year. The citizens will have limitations to use the digital Euro. Only banks will…
Facebook’s Libra, according to a recent survey conducted by Blind, may not have the trust expected from the project. The same survey indicates a high percentage of mistrust among workers…
Executives of the Central Bank of Europe are more likely to issue a CBDC. This was confirmed at a recent meeting in Belgium. Facebook’s Libra would have boosted the growing…
A member of the U.S. Federal Reserve responds on the possibility of developing the Dollar as a digital currency (USDC). Facebook’s Libra has triggered the interest of many countries for…
The Central Bank of Tunisia will launch a new digital currency based on blockchain technology. The Facebook Libra has a new competitor that could stand in its way. The digital…
The financial firm Xfers will launch the stable coin StraitX in cooperation with Zilliqa from Singapore. It could position itself as the potential competitor of Facebooks Libra. As the world’s…
Facebook’s stablecoin, Libra, could have triggered a possible escalation of EU regulatory policies against cryptocurrencies. The multinational organization would be considering launching a digital Eurocoin. A possible new European Union…
Facebook has confirmed the exact composition of the currency basket to a financial spokesman of the Left Party in the German parliament. According to this, 50 percent of each Libra…