ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’

European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published […]

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500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1

Bitcoin loses support for five figures, Craig Wright ordered to pay 500,000 BTC, and China’s digital currency may be further away than first thought. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]

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Crypto News From the German-Speaking World: Aug. 24–31 in Review

This week from Cointelegraph auf Deutsch: German authorities’ opinion on Facebook’s Libra and Swiss crypto banks getting FINMA licenses. The German-speaking world continues to keep up a fast pace in regard to cryptocurrencies and blockchain implementation. Among other stories during the past week: the Cabinet of Germany and Deutsche Bundesbank are working closely on issues […]

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Should Crypto Stay Decentralized or Are CBDCs Better? Experts Answer

Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We […]

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