Tag Archives: Stablecoin

07Oct/19

CoinFlex to Offer ‘Prediction Futures’ on Whether Libra Launches in 2020

A crypto derivatives exchange is launching physically-delivered futures contracts that will be settled based on whether Facebook’s Libra does or does not launch in 2020. According to Bloomberg’s report on Oct. 7,Read More…

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05Oct/19

US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO

Brian Armstrong, CEO and co-founder of major crypto exchange Coinbase, tweeted on Oct. 5 that he expects the United States government to react to China’s stablecoin project by reconsidering its “ridiculous” responseRead More…

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26Sep/19

Ex-Fed Official: Ending US Dollar Dominance for Crypto Makes No Sense

Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense. Central banks unlikely to coordinateRead More…

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10Jul/19

Facebook’s David Marcus Assures Congress That Libra Will Cooperate

David Marcus, the head of Calibra at Facebook, has written a letter to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming Libra hearings, accordingRead More…

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03Jul/19

Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra

Nobel prize-winning economist, Joseph Eugene Stiglitz, claims that “every currency is based on trust, but only a fool would trust Facebook’s Libra” in an article published on July 2. Stiglitz also notesRead More…

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25Jun/19

French Central Bank: Facebook’s Libra May Need Banking License

Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on JuneRead More…

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