Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central… Read more »
Facebook has demonstrated tremendous resolve in trying to launch its ambitious Libra crypto payment network. The plan, however, faces a few major hurdles. The first is that Facebook has a… Read more »
Top financial authorities are rethinking what a “basket-backed” stablecoin means for monetary sovereignty. The Bank for International Settlements (BIS) issued a new report claiming stablecoin initiatives like Libra haven’t driven… Read more »
Yesterday, it came to light that crypto functionality may come to PayPal and Venmo. If true, as substantiated by three anonymous sources and indicated by an open position for a senior blockchain… Read more »
David Weild IV, who is known as the father of the JOBS Act, believes that the U.S. government had to move to stamp out Facebook’s Libra stablecoin. Facebook: Number of… Read more »
Although a global digital currency has been enticing for regulators, Libra has failed to convince they’ll earn the world’s favor. Key Takeaways The announcement of Celo Network earlier this year… Read more »
The advent of Facebook’s Libra lit a fire around the world: for the first time, lawmakers seemed to be taking cryptocurrency seriously; many thought that Libra would be crypto’s “killer… Read more »