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Former PBoC governor says China has no plan to replace USD...

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According to Cointelegraph, Zhou Xiaochuan, the president of the Chinese Finance Association and former PBoC governor, declared that China’s digital yuan is not intended...

Top exec says Facebook aims to launch its crypto and wallet...

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According to cointelegraph, David Marcus, the head of Facebook Financial, stated that both cryptocurrency Diem and related crypto wallet Novi could be launched in...

Lawsuit threatened over Facebook’s Libra rebrand plan: Carpe ‘Diem’

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Facebook announced its plan to rebrand Libra on Dec. 01, with the company asserting the new name would help the revamped project distance itself...

Treasury: G7 finance officials back need to regulate digital currencies

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According to reuters, German Finance Minister Olaf Scholz issued a sharply worded statement after the meeting, underscoring his concerns about authorizing the launch of...

Facebook’s Libra currency to launch next year as USD stablecoin

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Following more than one year of scrutiny from global financial regulators, Libra will launch in the form of a U.S. dollar-backed digital currency, the...

Facebook & Libra’s David Marcus Is Asking About Ethereum DeFi

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David Marcus, co-founder of Libra and a former PayPal president, began to ask about DeFi on Twitter just recently. He's a former President of...

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