Friday, May 3, 2024
Facebook has a dream: to become an accessible, decentralized, frictionless, and globally available crypto payments network. However, to achieve it, the social media giant will have to fight against the current challenges; especially considering the different regulation challenges that will arise...
Facebook's announcement of a crypto project took the world by storm, and has resulted in a series of consequences, both expected and unexpected. However, it seems that the Libra coin will have some direct competition in the not so distant...
Russia will not legalize Libra so far. The French Finance minister and the CEO of Binance don't accept the new cryptoactive At least three American lawmakers have requested Facebook Inc. to stop the development of its...
Whilst Facebook showed lots of enthusiasm last month when it revealed its stablecoin project Libra and the whole environment in which the coin will interact, the reality indicates that the path towards regulating the asset in different locations will be...
The launch of the Litecoin debit card is expected to facilitate online purchases and in stores that accept LTC as a payment method Recently, in a publication of the official blog of the Litecoin Foundation,...
The central bank’s governor noted that Turkey completed the conceptual phase of the project. The Turkish lira has depreciated by more than 20% against the US dollar this year. Turkey recently joined the central bank...
According to its co-creator, Libra does not seek to replace banks or governments in the issuance of money. This instrument could facilitate access to financial services for the unbanked. Libra’s Co-creator David Marcus appeared...
Facebook's cryptocurrency may not be launched by 2020. Mark Zuckerberg says that it will take some time to consult and evaluate the project. After several big scandals that eroded user trust in Facebook, the company, famous...
As cryptocurrencies grow as an industry, more and more countries are willing to experiment with them as means to hold and store value. The idea of central bank digital currencies (CBDCs) has long been discussed, and it has been applied...
In today’s competitive world, cryptocurrencies pose an advantage for any company. Bank of America knows it very well, which is why it would be working with Ripple. With the passing of time, Bitcoin and other...