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Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills

On Aug 18, 2020
@cgledhill shared
🇺🇸 Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills https://t.co/cwmlKEfpjf #fintech #blockchain https://t.co/EL36dfA3FM
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As Project Libra provided the possibility of a ‘GlobalCoin’ or world currency, the interest in crypto catapulted as Facebook’s idea sparked issues of consumer protection, safety, and soundness in the banking system, monetary policy, and the status of the U. S. dollar as the world reserve ...

www.forbes.com
On Aug 18, 2020
@cgledhill shared
🇺🇸 Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills https://t.co/cwmlKEfpjf #fintech #blockchain https://t.co/EL36dfA3FM
Open

Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills

Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills

As Project Libra provided the possibility of a ‘GlobalCoin’ or world currency, the interest in crypto catapulted as Facebook’s idea sparked issues of consumer protection, safety, and ...

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.

Congressional testimony reveals some faults in Facebook’s digital currency plans

Congressional testimony reveals some faults in Facebook’s digital currency plans

As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces ...

If Facebook doesn't launch Libra, someone else should

If Facebook doesn't launch Libra, someone else should

Politicians have welcomed news of a regulatory crackdown on Libra, the global currency and payments initiative incubated at Facebook.

China’s Crypto Awakening or: How I Learned to Stop Worrying and Love the Blockchain

China’s Crypto Awakening or: How I Learned to Stop Worrying and Love the Blockchain

Just a year ago at the beginning of 2019, digital currency regulation and best practices around the world were just beginning to be developed in earnest and fiat-backed stable coins were ...

Libra Vs. US Congress: All There Is to Know Ahead of Hearings

Libra Vs. US Congress: All There Is to Know Ahead of Hearings

The U.S. congressional hearings on Libra may determine the future of the project. Here is what regulators think about Facebook’s crypto...

Could Facebook’s Crypto Break Financial System? Congress Airs Fears

Could Facebook’s Crypto Break Financial System? Congress Airs Fears

In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those

Bitcoin’s Price Doesn’t Reflect Its Value

Bitcoin’s Price Doesn’t Reflect Its Value

Last week marked the 11th year anniversary of Bitcoin’s white paper release. It was nine-pages, published anonymously by the pseudonym Satoshi Nakomoto in the wake of the financial crisis ...

Facebook’s Libra prospects dim, but cryptocurrencies roll on

Facebook’s Libra prospects dim, but cryptocurrencies roll on

While Facebook’s planned global digital coin Libra faces tough opposition from regulators in Washington, analysts say cryptocurrencies are likely to charge on in other countries, possibly ...

Libra takes a beating on Capitol Hill (again)

Libra takes a beating on Capitol Hill (again)

For the second straight day, concerns about Facebook's cryptocurrency project dominated lawmakers’ questioning of Federal Reserve Chairman Jerome Powell.

Facebook won’t launch cryptocurrency until regulators’ concerns are addressed

Facebook won’t launch cryptocurrency until regulators’ concerns are addressed

Social media giant will tell US Congress members this week that it won’t launch Libra until the concerns of regulators are fully met

Facebook’s blockchain lead says ‘no intention’ for Libra to influence global monetary policy

Facebook’s blockchain lead says ‘no intention’ for Libra to influence global monetary policy

Facebook won’t be launching Libra without regulators’ blessings, and there is apparently no grand scheme for the social network giant-issued token to subvert global monetary policy, ...

Bitcoin enthusiasts, liberal lawmakers cheer a Fed-backed digital dollar

Bitcoin enthusiasts, liberal lawmakers cheer a Fed-backed digital dollar

Proposed legislation to create a digital dollar is a major step forward in the digitization of money and commerce

The current landscape of central bank digital currencies

The current landscape of central bank digital currencies

Chen Ye and Kevin Desouza describe how central banks around the world are planning for and implementing digital currencies within their countries.

How Trump’s helping China win the digital currency race

How Trump’s helping China win the digital currency race

Primitive Ventures partner Dovey Wan explores the potential impact of China’s digital Renminbi.

Trump’s tweets do bitcoin and Facebook a favour

Trump’s tweets do bitcoin and Facebook a favour

Donald Trump may be attacking bitcoin and Facebook's libra, but cryptocurrencies are here to stay and getting better all the time.

Facebook’s global currency plans were always doomed

Facebook’s global currency plans were always doomed

Essentially, Facebook’s plan to make Libra into a global currency was never going to succeed and we’ve seen that play out over the last ten months.

The fight over Facebook’s digital currency could change the face of banking

The fight over Facebook’s digital currency could change the face of banking

This week, Facebook tussled with lawmakers in Washington about Libra, whose potential repercussions for the global financial system are still poorly understood.