Tag Archives: Stablecoin

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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07Jun/19

Over 100 Staff Now Reportedly Working On Facebook’s Crypto Project

More details are now emerging regarding high-level executives for social media giant Facebook’s crypto project, according to a report by CNBC on June 6. According to the report, there are now 100Read More…

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04Jun/19

Binance Cryptocurrency Exchange Testing British Pound Stablecoin

Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3. Twitter user CryptosBatman noticed that the listingRead More…

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02Jun/19

Eos Developer Block.one Announces Blockchain-Based Social Media Platform Voice

Eos (EOS) parent company Block.one has announced a blockchain-based social media platform called Voice, according to a press release shared with Cointelegraph on June 1. The firm claims that the platform willRead More…

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24May/19

Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin

Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two peopleRead More…

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