Finance

The German parliament and the federal government will block the development of the digital currency Libra and other "private stablecoins" in Germany, Spiegel reports with reference to parliamentarian Thomas Heilmann. #Facebook und die Schweizer # Libra-Stiftung wollen ihre eigene Kryptowährung auf den Markt bringen. Nun stemmt sich die Bundesregierung dagegen. https://t.co/yJx3eSJveq – SPIEGEL ONLINE (@SPIEGELONLINE) September 13, 2019 Large Coalition of CDU / CSU […]

French Finance Minister Bruno Le Mayor said Facebook’s digital Libra threatens the monetary sovereignty of states. Its development in Europe is impossible, the official stressed. “I want to express myself very clearly: we cannot allow the development of Libra in Europe under the current conditions,” Agence France quotes Le Mayor 24. news is updated Subscribe to ForkLog news in […]

Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System (FRS), said that his department is monitoring the field of crypto assets, but does not plan to issue its own digital currency. Highlight: “We are following the whole question of digital currencies,” says Fed Chair Jerome Powell. “It's not something that we are actively considering. For us, it raises significant issues that we […]