Central Banks Join to Study Possible Digital Currencies
Major central banks have joined together to explore whether they should issue cryptocurrencies as the use of cash declines and more people turn to electronic forms of paying.
Major central banks have joined together to explore whether they should issue cryptocurrencies as the use of cash declines and more people turn to electronic forms of paying.
Although Libra’s launch may be delayed indefinitely, it has nevertheless sparked a serious debate among central bankers, economic policymakers and lawmakers about the future role of stablecoins as an alternative to fiat currencies.
And you thought it was annoying when your dad posts on Facebook like he’s texting you.
It is an open question whether financial regulators will sign off on Facebook’s plan for a new cryptocurrency, a question made far more complex by the fact that the firm is already at odds with consumer advocates, data protection authorities and antitrust regulators here and abroad.