facebook diem

Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC

<div class=”featured_image_container”> </div> <strong>David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him.</strong> Facebook’s Executive Believes China’s Bitcoin Mining Crackdown Is a …

Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC Read More »

Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’

<div class=”featured_image_container”> </div> <strong>The cryptocurrency proposed by social media giant Facebook is gearing up to launch using a “phased approach,” its co-creator explains. The Diem Association, which oversees the crypto’s development, has been in talks with regulators to obtain a license.</strong> Diem Updates Launch Plan The Facebook-backed cryptocurrency “diem,” formerly called libra, is taking a …

Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’ Read More »

9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race

<div class=”featured_image_container”> </div> <strong>On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash, and Circle’s popular stablecoin.</strong> This week Mike Novogratz asked his …

9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race Read More »

G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting

<div class=”featured_image_container”> </div> <strong>The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency.</strong> G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven Mnuchin hosted a discussion on Monday with finance ministers and central bank …

G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting Read More »