Libra

Libra (cryptocurrency) Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook. ... The currency and network do not yet exist, and only rudimentary experimental code has been released. The launch is planned to be in 2020.

Source: en.wikipedia.org

Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
October 18, 2019  |  Sizzle/Fizzle

Optimism can be contagious. A can-do attitude can rally the troops, get things done, spark innovation where once the status quo was, well, good enough....

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Libra As Patriotic Duty?
Libra As Patriotic Duty?
October 17, 2019  |  Cryptocurrency

To paraphrase an old saying: Patriotism is the last refuge of … crypto. In the latest salvo designed to bring Libra back from this week’s...

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David Marcus Threatens That China Will Win If Libra Fails
David Marcus Threatens That China Will Win If Libra Fails
October 17, 2019  |  Cryptocurrency

David Marcus, the executive in charge of Facebook’s proposed cryptocurrency, Libra, said if Libra fails, the U.S. could fall behind China in the race for...

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Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
October 17, 2019  |  News

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined...

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ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
October 17, 2019  |  Cryptocurrency

European Central Bank Executive Board member Benoit Coeure called for strict supervisory principles for digital currencies and stablecoins like Facebook’s Libra, Bloomberg reported on Thursday (Oct. 17)....

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Fed Governor: Libra Has Big Regulatory Mountain To Climb
Fed Governor: Libra Has Big Regulatory Mountain To Climb
October 16, 2019  |  Facebook

U.S. Federal Reserve Governor Lael Brainard has warned that a stablecoin like Facebook‘s planned Libra could make central banks’ efforts to conduct monetary policy “complicated.”...

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BOE Head: Central Banks Provide Stability In FinTech Era
BOE Head: Central Banks Provide Stability In FinTech Era
October 16, 2019  |  Banking

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. While Mark Carney...

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Mastercard Outlines Blockchain Principles After Leaving Libra
Mastercard Outlines Blockchain Principles After Leaving Libra
October 16, 2019  |  Mastercard

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help...

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Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
October 16, 2019  |  News

Today in the payment’s news roundup, Goldman Sachs CEO David Solomon said there has been a lot of demand for Apple Card as of its launch in...

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