Libra

The effectiveness of the application of regulatory sanctions in the digital currency network Libra will be higher than that of other payment systems. This was stated by Calibra CEO David Marcus during a speech at the Money 20/20 USA conference, Finextra reports. “Digital payment technology is more traceable than when it comes to cash, and will be even safer when working in real time,” […]

The People's Bank of China will be the first central bank in the world to issue a viable digital currency, while the Libra project from Facebook will fail. This opinion was expressed by Vice Chairman of the China Center for International Economic Exchanges (CCIEE) Huang Qifan, reports Pandaily. Speaking at the First Financial Summit in Shanghai, Huang Qifan emphasized that in the current digital era, methods of calculation between […]

Weder di Mauro, president of the Center for Economic Policy Research (CEPR), is confident that regulators are unlikely to allow Facebook to launch the Libra digital currency project. It is reported by CNBC. “What Libra did shocked the central banks,” said di Mauro. According to her, monetary regulators did not expect such a sudden appearance of a private currency created by a private company. “That’s why probably […]