Libra

Libra (cryptocurrency) Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook. ... The currency and network do not yet exist, and only rudimentary experimental code has been released. The launch is planned to be in 2020.

Source: en.wikipedia.org

Deutsche Bank Predicts Weak Fiat System Will Fuel Demand For Crypto

Deutsche Bank Predicts Weak Fiat System Will Fuel Demand For Crypto
Deutsche Bank Predicts Weak Fiat System Will Fuel Demand For Crypto
December 09, 2019  |  Cryptocurrency

The past several months have seen bitcoin perhaps overshadowed (just a bit) by any number of large-scale efforts to bring digital coins to mainstream society....

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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Do Tencent, Alipay Have A Place In China’s Digital Currency Ecosystem?
Do Tencent, Alipay Have A Place In China’s Digital Currency Ecosystem?
December 04, 2019  |  Cryptocurrency

For China: Digital currency, yes. But not bitcoin. Blockchain? Yes. But not bitcoin. The price of bitcoin, that marquee name in cryptocurrencies, has plummeted in the last...

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Lawmakers Eye Increased Libra Oversight
Lawmakers Eye Increased Libra Oversight
December 02, 2019  |  Legal & Regulation

Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass. As reported by...

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New Digital Taxes Loom On Tech Firms In Europe
New Digital Taxes Loom On Tech Firms In Europe
November 25, 2019  |  Legal & Regulation

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on...

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New Law Would Regulate Libra As A Security
New Law Would Regulate Libra As A Security
November 21, 2019  |  Cryptocurrency

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report...

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Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019  |  Economy

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. In its November Financial...

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Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019  |  News

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a...

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