Libra

Ripple senior vice president Marcus Tricher said Facebook’s digital drawback is that it is a closed system. In a CNBC interview, Tricher used the term “fenced garden,” which was previously used to control technology companies such as Facebook and Apple over their software. As you know, the Libra Association consortium will manage the project. Now they enter it, […]

Former US Fed spokesman Simon Potter said he saw no reason to replace the dollar in international payments with digital currency. Such a plan was previously expressed by the Chairman of the Bank of England, Mark Carney, reports BNN Bloomberg. “I don’t see any sound arguments in favor of something so complicated if we have huge and highly liquid markets in the USA. If not […]

The People's Bank of China (PBoC) has denied media reports about the launch of the national digital currency in November and the participating organizations. This is written by the Global Times. In August, information appeared that the launch of the digital currency of the Central Bank (CBDC) of China will occur no later than November 11. It was also reported that the exclusive right to distribute the national digital currency will receive seven organizations: the four largest commercial […]

The German government has adopted a blockchain regulation strategy that prohibits the issuance of any parallel digital currencies in the country, including Facebook's Libra. It is reported by Reuters. According to the adopted strategy, the cabinet of Angela Merkel considers it necessary to accelerate the digital transformation of the German economy and the development of blockchain technology as a structural element of the future Internet. At the same time, the policy of the authorities should protect the economy from the risks associated with […]