Australian consortium wants a ‘seat at the table’ in the development of Facebook’s Libra cryptocurrency

Facebook drew plenty of headlines a couple of months ago with the announcement of Libra, its proposed digital currency. Since then, the narrative has largely focused around how many regulatory hurdles the concept will have to clear before it can be implemented. But while there’s a long way to go before the project becomes reality,…

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Digital currency can help meet new financial challenges | Opinion | China Daily

Mu Changchun, deputy director of China’s central bank’s payments department, said recently that the People’s Bank of China is working on its own digital currency, which may be launched soon. According to Mu, a centralized management model and two-tier operation system will be used to manage the central bank’s digital currency.The central bank will be…

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What does Facebook really want with Libra cryptocurrency | 08/28/19

With Libra, Facebook wants to establish a valid digital currency worldwide.The reasons for the attack on the cryptocurrency market are interpreted differently by many observers. • Facebook’s Balance is strongly criticized • Libra should be an engine of growth and a guarantor of income in particular • positive social effects as side effects The internet…

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World’s First Licensed Crypto Bank Seen As Game-Changer For Switzerland

Authored by Matthew Allen via SwissInfo.ch, The co-founders of Sygnum crypto bank have hailed the award of a Swiss banking license as a game changer that could open the floodgates to the integration of cryptocurrencies and other digital assets into the established financial sector. Sygnumexternal link , along with SEBAexternal link , were awarded provisional…

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