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stablecoins

Total stablecoin supply passes $10 billion
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18 May, 2020

Total stablecoin supply passes $10 billion

The total stablecoin supply has grown by over 70% since the beginning of February, indicating a demand for a “stable”...
Fake Libra scams pose new challenge for Facebook
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15 May, 2020

Fake Libra scams pose new challenge for Facebook

Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.
Facebook doubles down on Libra with 50 new hires
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22 April, 2020

Facebook doubles down on Libra with 50 new hires

The new starts will work from Facebook’s Dublin office for its Calibra payments subsidiary.
Facebook tries to invent PayPal again with Libra II
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20 April, 2020

Facebook tries to invent PayPal again with Libra II

The Libra project is looking to get things off the ground in a different way, applying for a financial license...
Libra changes white paper to win over regulators
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17 April, 2020

Libra changes white paper to win over regulators

Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
G20’s Financial Stability Board warns of Libra-like stablecoin risk
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15 April, 2020

G20’s Financial Stability Board warns of Libra-like stablecoin risk

The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating...
Bank of England official: Tech firms may beat central banks on digital currency
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26 February, 2020

Bank of England official: Tech firms may beat central banks on digital currency

Sarah John urged reserve banks to move more quickly towards developing and deploying crypto payment solutions..
European Union regulators weighing options on Facebook Libra
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21 February, 2020

European Union regulators weighing options on Facebook Libra

Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
FinCEN: Work within the rules or face enforcement action
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12 February, 2020

FinCEN: Work within the rules or face enforcement action

Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.
Japan eyes publishing digital currency proposals
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7 February, 2020

Japan eyes publishing digital currency proposals

Lawmakers in Japan are set to publish proposals this week which could pave the way for digital currency use in...
MasterCard CEO explains why the company exited the Libra Association
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4 February, 2020

MasterCard CEO explains why the company exited the Libra Association

The credit card giant admits it didn’t understand Libra’s business model or financial plans.
Bank of Japan must be ready on digital currencies: deputy governor
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31 January, 2020

Bank of Japan must be ready on digital currencies: deputy governor

While the Bank of Japan had no immediate plans for a CBDC, it was “very important” for the central bank...