The G7 has Spoken: Global Stablecoins a Threat to the Financial System

A freshly drafted report by the G7 group of nations, the so-called “global stablecoins” are a serious threat to the global financial system. Last week, according to the BBC the draft report from the G7 nations specifically described the many risks posed by digital currencies to the global financial order. It was also mentioned that

PayPal Quits Facebook Cryptocurrency Project Libra

The post PayPal Quits Facebook Cryptocurrency Project Libra written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics PayPal has become the first company to drop out of Facebook’s Libra cryptocurrency, as Zuckerberg’s answer to a global currency continues to face slapdowns from regulators around the world. PayPal

Zuckerberg Under Intense Pressure to Testify to US Congress about Libra

The post Zuckerberg Under Intense Pressure to Testify to US Congress about Libra written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics US House of Representatives politicians are turning up the pressure on Facebook to force Facebook’s Mark Zuckerberg to testify in the coming months about his

Libra Announces Commitment to Support Circle Trade’s Financial Reporting Requirements

Leading technology and data services provider for middle and back office crypto asset processing Libra, is teaming up to provide support for Circle Trade, Circle’s global OTC trading operation with more than $2 billion monthly trading volume. Libra will support Circle Trade’s back office, which includes supporting automated post trade processing, as well as the independent reconciliation