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libra

Stablecoins Catch Fire: Residents of Bermuda Can Now Pay Taxes in Coinbase-backed Crypto

The government of Bermuda has announced that it will now accept cryptocurrency for tax payments. In addition to taxes, Bermuda's…

October 17, 2019

Bank of England Governor Says World Needs Rebalancing Away From US Dollar Hegemony

Bank of England Governor Mark Carney says part of the bank's mission, in addition to ensuring monetary and financial stability,…

October 17, 2019

Former Chairman of the CFTC Pushes for New US Dollar As Race for Digital Currency Heats Up

In an op-ed published by the Wall Street Journal,  J. Christopher Giancarlo, former Chair of the Commodity Futures Trading Commission…

October 16, 2019

Bitcoin Bull Anthony Pompliano Proposes Facebook Drop Libra and Focus on Calibra Crypto Wallet

Appearing on an episode of CNBC's Squawk Box to discuss the fallout at Facebook over its controversial cryptocurrency project –…

October 15, 2019

Digital Dilemma: G7 Nations Praise Advantages of Crypto, Warn Stablecoins ‘Pose Risk to Global Financial System’

A group of powerful economic leaders is reportedly concerned that crypto stablecoins like Facebook's Libra could threaten the global financial…

October 14, 2019

Facebook’s David Marcus Cites ‘Intense Pressure’ As eBay, Visa, Mastercard, Stripe, PayPal Abandon Crypto Project

PayPal announced last week that it was leaving Facebook's cryptocurrency project Libra. Online marketplace eBay and payments giants Stripe, Visa…

October 12, 2019

French Billionaire Says Crypto Asset Libra Is Unstoppable

French billionaire Xavier Niel says the Facebook-led stablecoin Libra will exist along with thousands of other digital assets in the…

October 11, 2019

US Senators Send Ominous Letters Signaling Potential Liabilities Over Facebook’s Crypto Project Libra

Facebook's business partners may be putting themselves in the proverbial hot seat, according to letters issued by members of the…

October 10, 2019

Bitcoin and Crypto ‘Shaking the System’ As US Banks Prepare to Slash 200,000 Jobs

Technological efficiencies will lead to the largest reduction in workers throughout the US banking sector in its history. Approximately 200,000…

October 5, 2019

Facebook Doubles Down on Crypto Mission Libra As PayPal Drops Out

PayPal has reportedly withdrawn support for Facebook’s Libra crypto asset project. The payments giant had joined the nonprofit Libra Association…

October 5, 2019