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Tether (USDT) and Facebook-Backed Diem Discussed at the Yellen Closed-Door Meeting

Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins.  More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More дальше »

2021-7-29 15:00


Facebook’s Libra does not have any characteristics associated with cryptos, claims Jake Chervinsky

The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency. дальше »

2019-9-7 20:30


Libra: How Facebook and others plan to ‘meet the daily financial needs of billions of people’

The whitepaper for the Facebook-backed Libra cryptocurrency dropped on June 18th and is being viewed by some market observers as a watershed moment for the space. The project's undeniable reach, significant backing and novel technical design has some excited, however, there are questions surrounding whether regulators will accept the Libra business model and its management of user funds. дальше »

2019-6-21 00:00