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Facebook hopes to launch its crypto and wallet in 2021, top exec says

8.12.2020
The social media giant has rebranded in hopes of scoring regulatory approval

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

8.12.2020
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name

German government unimpressed by Facebook stablecoin's rebrand

7.12.2020
German finance minister says “A wolf in sheep's clothing is still a wolf.”

Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second

5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...

Facebook’s Diem stablecoin is an existential threat to traditional banking

5.12.2020
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future

Congresspeople speak out against Tlaib's anti-stablecoin bill

5.12.2020
But the bill is unlikely to become law any time soon

Law Decoded: New threats to self-custody take shape in the US, Nov. 27-Dec. 4

4.12.2020
Tentative clampdowns coming from both the Treasury and the House in the United States lead this week's Law Decoded

New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...

Yet Another Relaunch for Libra as New Name Unveiled

1.12.2020
Libra is seizing the day with yet another brand refresh. The post Yet Another Relaunch for Libra as New Name Unveiled appeared first on CoinMarketCap Blog

Libra rebrands to Diem, hoping to shake off associations

1.12.2020
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement

ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins

1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...

European central bankers predict that the digital euro is at least five years away

30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition

Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin

28.11.2020
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...

Facebook v lednu spustí Libru. Tato kryptoměna však bude omezenější, než se původně čekalo

28.11.2020
Dlouho očekávaný projekt prezentovaný v původní fázi jako kryptoměna od Facebooku má začít fungovat už začátkem roku. Uvedl to list Financial Times s odvoláním na tři zdroje. Facebook ohlásil plán vytvoření nové digitální měny loni v červnu, od té doby svůj projekt ale výrazně upravil, aby pro něj

Law Decoded: Cents and stability, Nov. 20–27

27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded

Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin

27.11.2020
Libra will initially be pegged to just one fiat currency

Limited Facebook's Libra Might Be Launched in January - Report

27.11.2020
Facebook-led digital currency Libra is preparing to launch as a single coin backed one-for-one by the dollar as early as January, the Financial Times reported, citing three undisclosed people involved in the initiative. The other currencies and the composite would be rolled out at a later point...