Libra Cryptocurrency

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC).A pivotal player here is the United States, which faces an increasingly urgent decision: whether to take serious steps towards issuing a CBDC, as the Bank of China…

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC).A pivotal player here is the United States, which faces an increasingly urgent decision: whether to take serious steps towards issuing a CBDC, as the Bank of China…

Powell says Fed’s digital currency should complement payments system By Hannah Lang October 19, 2020, 10:27 a.m.EDT 2 Min Read Close extra sharing options Register now WASHINGTON — The Federal Reserve is primarily interested in looking at a central bank digital currency that would improve the payment system, rather than one that would replace the…

admin October 19, 2020 No Comments Here’s what you need to know: Delta Air Lines andUnited Airlines both said that operating revenue in the three months through September had fallen nearly 80 percent compared with last year.Credit… Charlie Riedel/Associated Press More than a million people passed through airport checkpoints on Sunday, the first time the…

Under the week-long program, the People’s Bank of China gave 200 yuan to each of 50,000 consumers selected in a lottery in digital ‘red envelopes’ China’s experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts – and skepticism from some users saying they preferred existing shopping…

Follow | Archive China’s central bank is in the midst of an ambitious campaign to become the first mover in a global race to issue a successful national digital currency. Its largest trial to date involves a lottery in Shenzhen, the country’s tech hub, during which 50,000 of the two million local applicants were awarded…

Libra cryptocurrency project still progressing after it confirms it has hired former HSBC executive as chief financial officer Facebook is pressing ahead with its controversial Libra digital currency project, despite sustained pressure and pushback from politicians and regulatory bodies globally. It has been revealed that another former HSBC executive is joining Libra as chief financial…