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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »

2020-11-26 02:01


Circle CEO Views Libra As Having “Massive” Impact On Crypto Awareness, Accelerate Policy Making

CEO of Circle, Jeremy Allaire discussed the current activity taking place within the crypto sphere, with news outlet, Bloomberg’s Joe Weisenthal and Romaine Bostick on Friday, July 5, 2019. Some of the topics that the discussion was founded on include Facebook’s endeavor, Libra, how Libra is one of two different types of stablecoins and how […] дальше »

2019-7-7 18:58


Libra effect on Gemini Dollar? GUSD sheds over 88% value over seven months

The Winklevoss twins’ old-time enemy, Mark Zuckerberg entry to the crypto space through the upcoming stablecoin was no less than a grand plan and naming it Libra was just icing on the cake. As the former Harvard classmates were all set to put their bets on their respective stablecoins, Gemini failed to gain significant momentum […] The post Libra effect on Gemini Dollar? GUSD sheds over 88% value over seven months appeared first on AMBCrypto. дальше »

2019-7-5 02:00


Facebook’s Libra will destroy all stablecoins, but who gives a f***, remarks BitMEX’s Arthur Hayes

“Libra is not a cryptocurrency. Libra will destroy all stablecoins, but who gives a f*ck. I shed no tears for all those projects that somehow believed there was value in an unheard-of sponsor creating a fiat money market fund that rode on a blockchain,” remarked Arthur Hayes in this month’s BitMEX Crypto Trader Digest. дальше »

2019-6-29 22:30


Cryptocurrency influencers react to Facebook’s Libra, boon or risk for Bitcoin?

Some of the most prominent figures in the crypto community took to Twitter to share their thoughts on Facebook’s Libra cryptocurrency. While some claim that Libra lacks the necessary features to compete with Bitcoin in the race to become the world’s currency, others argue that it could destroy most altcoins and stablecoins in the market. дальше »

2019-6-18 20:44