Canadian E-Commerce Giant Shopify Joins Libra Association

E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project, Libra. E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project Libra. Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment […]

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EU Can’t Decide What to do with Libra

The digital currency set to be released by Facebook in 2020 still has unanswered questions from the EU. Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the […]

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EU Securities Regulator Flags Risks of Big Tech’s Entry Into Financial Services

The EU’s financial regulator released a lengthy 2020 report, which includes the dangers of big tech companies entering finance. The European Union’s securities regulator has put out a report warning of risks of Big Tech’s entrance into finance.    “The high level of market concentration typically observed in BigTech may get carried into financial services, with […]

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