The Binance cryptocurrency exchange , the largest cryptocurrency exchange in the world in terms of volume, continues to expand its…
Libra
Economist Stephen Moore, an agent of Donald Trump, co-founded Frax, which will release the eponymous stablecoin to compete with central banks, Fortune reports. Its partners were Sam Cazemian, co-founder of Everipedia (a blockchain competitor to Wikipedia) and former adviser to the Reagan administration Ralph Benko. “Central banks will soon feel competition from private currencies like Frax. The days of state currency monopoly are numbered, ”said Moore. Is he […]
Facebook, the developer of the Libra coin , is ready to launch a payment system based on several stablecoins supported…
The Southern District Court of New York, which is now responsible for the SEC case against Telegram, adjourned the hearing…
According to the Deputy Minister of Finance of the Russian Federation Sergey Storchak, the G20 countries will soon publish two…
The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]
James Dimon, CEO of JPMorgan Chase, believes that Facebook’s unrealized Libra project has a great idea, but the organizers will…
Russian experts do not share the point of view of the Central Bank of the Russian Federation, which expects a surge in fraud after the launch of digital currencies from Telegram and Facebook. Earlier, a similar idea was expressed by the director of the department for counteracting unfair practices of the Central Bank of the Russian Federation Valery Lyakh. He pointed out that young people interested in investment projects could become the most vulnerable to scammers. “Everything suggests that probably in the near future […]
The Bank of Canada is considering issuing its own digital currency to combat the “direct threat” emanating from cryptocurrencies. According to The Logic, the central bank has already made a presentation on the initiative to the bank’s manager Stephen Poloz and the board of directors. It says that at first the coin can be used on a par with cash, and then completely replace them. “We need to innovate to stay […]
US Rep. Warren Davidson said adding Bitcoin (BTC) to Calibra's wallet would be a “better idea” than creating social media…