Back in June 2019, social media giant Facebook released the details for a much-talked-about digital currency platform dubbed “Libra.” These days, Libra is known as…
View More Many pieces of the Diem puzzle still missing as launch gets delayed
Tag: Diem
Meme pioneer launches NFT lolcats on OpenSea
The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT. The meme’s creator, Eric…
View More Meme pioneer launches NFT lolcats on OpenSea
ECB wants final say on the legal status of private stablecoins in the EU
The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission. According to Reuters, the ECB has asked EU…
View More ECB wants final say on the legal status of private stablecoins in the EU
New name, old problems? Libra’s rebrand to Diem still faces challenges
Facebook-backed Libra Association’s rebrand to Diem looked to quash negative perceptions of the project, but its new name has not changed the regulatory pressures the…
View More New name, old problems? Libra’s rebrand to Diem still faces challenges
FTC sues Facebook in antitrust lawsuit as regulators mount offensive
The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices…
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Hundreds of millions of consumers will use digital currencies soon: Circle CEO
Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions,…
View More Hundreds of millions of consumers will use digital currencies soon: Circle CEO
German government unimpressed by Facebook stablecoin’s rebrand
Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators. As reported by Reuters, German Finance Minister Olaf Scholz voiced…
View More German government unimpressed by Facebook stablecoin’s rebrand