Multiple EU politicians are calling for a united European digital currency to counter Facebook’s stablecoin project Libra. The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. […]
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By early 2020, support for Bitcoin payments will launch at over 25,000 sales points for 30 French retailers, including sportswear giant Decathlon and cosmetics store Sephora. By early 2020, support for Bitcoin payments will be launched at over 25,000 sales points for 30 French retailers, including sportswear giant Decathlon and cosmetics store Sephora. French crypto […]
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The governor of the Bank of Japan has said that international cooperation is of paramount importance when it comes to regulating stablecoins such as Facebook’s Libra token. The governor of the Bank of Japan has said that international cooperation is of paramount importance when it comes to regulating digital currencies such as Facebook’s planned Libra […]
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Facebook Mark Zuckerberg is grilled with questions and concerns about its planned Libra stablecoin project by Democratic lawmakers during a private dinner. Facebook’s Mark Zuckerberg had dinner with a handful of United States lawmakers, where he was met with intense scrutiny of Facebook’s proposed Libra stablecoin project. Zuckerberg grilled by Democratic lawmakers According to an […]
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Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank […]
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Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content. Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content. As noted in Bloomberg’s Sept. […]
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Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, […]
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German Finance Minister says that policymakers cannot accept “parallel currencies” like Facebook’s proposed Libra and must reject them clearly. German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance […]
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CEO of Calibra, Facebook’s digital wallet for its Libra, says the notion that Libra threatens the global financial system must be debunked. CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system. Not new money but a better payment network […]
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PayPal representatives have said they remain cautious about the future of Facebook’s Libra, yet they continue to strongly believe in its potential. PayPal representatives have said they remain cautious about the future of Facebook’s planned stablecoin Libra, according to a Sept. 14 report from Agence France Press (AFP). PayPal investor relations vice president Gabrielle Rabinovitch […]
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