Libra News

Libra is a global digital cryptocurrency created by the Facebook team and governed by Libra Association, independent, non-profit membership organization. The founding members of the association include Mastercard, PayPal, Visa, Booking Holdings, eBay, Facebook, Uber, Spotify, Vodafone, Coinbase, Xapo, and other well-known companies. Libra blockchain is using the Move programming language and the Byzantine Fault Tolerant (BFT) consensus. Each Libra unit will be provided with several currencies, bank deposits, and securities, which will form the Libra Reserve. This will provide low volatility. However, the token would not be tied with any fiat currency. Users will be able to send coins with Calibra wallet, as a single app or as a built-in extension in WhatsApp and Messenger.

News
The Japanese government will appoint Ryozo Himino as the next commissioner of Japan's Financial Services Agency.
New Head of Japan’s Financial Services Agency Is Crypto-Friendly
Hisashi Oki
2020-07-08T06:15:00+01:00
3474
News
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins.
The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce
Kollen Post
2020-06-24T20:27:00+01:00
2406
Analysis
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Lib...
Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
Kollen Post
2020-06-24T12:00:00+01:00
7316
News
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking.
CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
Kollen Post
2020-06-22T20:13:00+01:00
2184
News
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments.
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
Stephen O'Neal
2020-06-17T12:24:00+01:00
4668
News
The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model.
Father of JOBS Act: Gov’t Was Concerned Libra Could Displace Dollar
Michael Kapilkov
2020-06-15T21:56:00+01:00
2914
News
WhatsApp has announced instant in-app fiat payments for over 120 million users in Brazil.
WhatsApp Debuts Fiat Electronic Payments While Libra Remains Stuck in Regulatory Maze
Stephen O'Neal
2020-06-15T17:55:00+01:00
9264
News
Media magnate Steve Forbes has described crypto assets as “a high-tech cry for help” resulting from the failures of contemporary fiat money systems.
Steve Forbes: ‘Bitcoin Is a High-Tech Cry for Help’
Samuel Haig
2020-06-12T21:44:00+01:00
8584

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