December 15, 2020

Former PBoC governor says China has no plan to replace USD with digital yuan

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 to replace […]
December 8, 2020

Top exec says Facebook aims to launch its crypto and wallet in 2021

According to cointelegraph, David Marcus, the head of Facebook Financial, stated that both cryptocurrency Diem and related crypto wallet Novi could be launched in the following […]
December 8, 2020

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

Facebook announced its plan to rebrand Libra on Dec. 01, with the company asserting the new name would help the revamped project distance itself from the […]
December 8, 2020

Treasury: G7 finance officials back need to regulate digital currencies

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 […]
November 27, 2020

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

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 Financial Times […]
November 3, 2020

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

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 PayPal who […]