Результатов: 5028

Facebook’s Libra Isn’t DOA; It Will Move Forward, But Under Threat From Government Stablecoins

While it feels like forever, it’s just been six months since the social media giant, Facebook,  announced their stablecoin Libra. The subsequent backlash it’s received is both massive and lengthy. At the moment of writing, it’s unsure whether or not Facebook, along with the Association will even be able to launch Libra. Typically, if a […] дальше »

2019-10-26 21:10


Bitcoin trading to USDT drops by nearly a quarter

Stablecoins volume have dropped. In the month of September as Bitcoin’s price took a tumble, so did the stablecoins. Seen to serve different sectors of the market, some as a trading hedge, some as a trading pair, or some as a crypto-investment bridge, stablecoins have a multitude of purposes, yet their use, in a sluggish […] The post Bitcoin trading to USDT drops by nearly a quarter appeared first on AMBCrypto. дальше »

2019-10-22 17:30


Libra Head Now Considering A ‘Series Of Fiat-Backed’ Stablecoins; Binance CEO Says, It “Won’t Work”

Despite the regulatory pressure and seven of the Libra Association members leaving Facebook’s cryptocurrency project, the social media giant is undeterred and could work on cryptocurrencies based on national currencies like the dollar instead of just the synthetic one, initially proposed. дальше »

2019-10-21 15:37


Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then

Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […] дальше »

2019-10-20 18:00


Global Monetary Enforcer FATF Shares Concerns About Libra And Stablecoins

The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […] дальше »

2019-10-19 22:34


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European Regulators won’t Oppose Stablecoins but Double-Down on Libra Warning

Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now with Libra, there is anRead MoreRead More. дальше »

2019-10-18 19:00


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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges

Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries. дальше »

2019-10-18 14:00


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G7 countries caution against Facebook’s ‘risky’ Libra

Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed. дальше »

2019-10-18 12:04


Libra Association stresses on cooperation as G7 releases report on stablecoins

The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate. дальше »

2019-10-18 11:30


Bermuda government to accept taxes in USDC stablecoin

Based on the latest report by Circle, Bermuda became the first government to accept payments for taxes, fees and other government services using stablecoin, USD Coin (USDC). The acceptance of USD-backed cryptocurrency is a result of Bermuda’s efforts into supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services. дальше »

2019-10-16 19:56


Bermuda Becomes 1st National Government to Accept Tax Payments in USDC Stablecoin

Today, Bermuda became the first government to accept payments for taxes, fees and other government services using USD Coin (USDC). Announced as part of a broader initiative from the Bermuda government aimed at supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services, this is a major дальше »

2019-10-16 16:13