What to know about ‘stablecoins,’ the ‘bridge’ between cryptocurrencies and traditional money By Catherine Thorbecke, ABC News Aug 22, 2021 | 2:03 PM Viorika/GettyImages (NEW YORK) — In the exploding realm of cryptocurrencies, a new line of financial products has emerged that has caught the attention of both investors and regulators — so-called “stablecoins,” which…
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Libra is a permissioned blockchain digital currency proposed by the American social media company Faceboo
What to know about ‘stablecoins,’ the ‘bridge’ between cryptocurrencies and traditional money
(NEW YORK) — In the exploding realm of cryptocurrencies, a new line of financial products has emerged that has caught the attention of both investors and regulators — so-called “stablecoins,” which are backed by cash or another reserve asset.Stablecoins seek to provide the best of both worlds: the stability of a traditional government-backed currency as…
What to know about ‘stablecoins,’ the ‘bridge’ between cryptocurrencies and
(NEW YORK) — In the exploding realm of cryptocurrencies, a new line of financial products has emerged that has caught the attention of both investors and regulators — so-called “stablecoins,” which are backed by cash or another reserve asset.Stablecoins seek to provide the best of both worlds: the stability of a traditional government-backed currency as…
Facebook says it wants a ‘fair shot’ in the crypto payments sphere.
Facebook’s mission is to “bring the world closer together.” Increasingly, that’s not just about connecting friends and family to share messages, but also serving as a platform for people’s financial lives.Some $100 billion in payments have been enabled by Facebook over the past year, said David Marcus, who runs the company’s financial services unit.But that’s…
Has Facebook changed its mind about releasing its own cryptocurrency? What will happen to Diem :: RBC.Crypto
The company is in talks to partner with stablecoin issuers to use their products.How the project was created and what problems it faced Facebook-owned Novi Financial, a digital wallet company, is in talks with third-party stablecoin issuers.The Block with reference to our own sources.Circle and Paxos are named among potential project partners.This may mean that…
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The Freedom Phone is a new “free speech and privacy first” phone unveiled last week that raises red flags to hounds and security experts who say it’s just a chinese phone with redesigned, low-budget Android.In a launch video, Erik Finman, the self-proclaimed “bitcoin millionaire” who budgeted the phone, claims that Freedom OS protects your privacy…
SEC Head Calls For Power To Regulate Cryptocurrencies
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