Libra

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

The Federal Reserve is bullish on technologies that aim to speed up payments and is now rushing to get its own platform, FedNow, up and running. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is …

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Dogecoin Surges, Coinbase Rumors, Brave Legal Threats: Hodler’s Digest, July 6–12

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 much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin’s price has hardly moved an inch in the last …

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Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director

A Libra executive has confirmed the project has still not lost sight of its original ambition to launch a multi-currency stablecoin. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of …

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New Head of Japan’s Financial Services Agency is Crypto-Friendly

A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency. Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan’s Financial Services Agency (FSA). The official announcement will be made this month. Cointelegraph has reached out to FSA …

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Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’

In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — especially central bank digital currencies, a topic that’s attracted tremendous interest in recent months. The report encourages central banks to treat CBDCs as their future, saying: “One option at …

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Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve project that Libra, the Facebook-linked stablecoin frequently targeted by lawmakers and central bankers as an economic wrecking ball, was unlikely to have lived up to its sovereign currency-killer hype. Calling “fears of a so-called global stablecoin” “overstated” in a new report published Monday, economists Garth Baughman and Jean Flemming suggested …

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Celo Will Be ‘PayPal on Speed’ With Its Own Currencies, Says Blockdaemon CEO

Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project. Cointelegraph spoke to Konstantin Richter, the CEO and founder of Celo alliance member Blockdaemon, to learn about the experience of working on Celo from its beginnings and get his take …

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How a Fatal Weakness Forced Libra To Capitulate

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing,” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. Libra was originally advertised as a revolutionary new payments system. By creating a …

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Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31

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 much more — a week on Cointelegraph in one link. Top Stories This Week Goldman Sachs butts heads with Bloomberg over Bitcoin One of …

Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31 Read More »

Chinese Communist Party Adds Crypto to Curriculum

A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency.  According to a local blockchain news report on May 19, the Party School of the Central Committee of the Communist Party of China — also known as the Central Party School — published the book as part of …

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