Finally, Facebook's cryptocurrency, Libra, will go public next January for the use of the public.
After more than a year of work, the digital asset of the social network will finally be a reality. Initially Libra would arrive as a stablecoin backed by the dollar.
The digital asset must still await…
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Gold can represent an interesting investment and protection instrument
The stock market is at a historical point. If we look at the S&P 500 index we can discern a resounding drop from 3,397.50, its maximum on February 20, to 2,174 on March 23. Just one month was enough for a 36.01% collapse, one of the…
Central Bank of China has no date for the digital yuan
The president of the Central Bank of China, Yi Gang, assured that an exact date for the launch of the digital yuan does not exist today.
"These tests are just routine work for research and development of digital currency (R&D). No…
Facebook could change its strategy with Libra
Facebook's Libra changes its original plans to create a global currency, as indicated by the social media giant in a recent announcement where it assured that they estimate to convert multiple stablecoins of fiat currencies in several…
MasterCard CEO talks about his separation from Facebook
Ajay Banga, the CEO of the MasterCard company, spoke after four months about his separation from the pound project of Facebook, and the reasons for this decision.
Banga says that until now he cannot understand how the monetization process…
Deutsche Bank believes that digital assets will be fully adopted
A report prepared by the German bank Deutsche Bank determined that cryptocurrencies could be fully implemented in about two years.
The report published this week ensures that digital assets already have the potential to make a radial…
Banks study pros and cons of issuing their own cryptocurrency
A group of banking institutions in the world is conducting an investigation, which analyzes the possibilities of these institutions for issuing their own cryptocurrencies.
The study group is made up of the European Central Bank, the Bank…
Kraken will include the Swiss franc on its paltform
Kraken, the US-based digital currency exchange recently announced that it will update its platform to include the official currency of Switzerland, the franc, to the fiat money list in order to join it to the currency conglomerate that…
Facebook cryptocurrency may not be launched
Mark Zuckerberg and part of the Facebook development team must appear before the United States House of Representatives regarding the cryptocurrency of the social network, libra.
From this meeting, where the representatives must answer the…
China to launch its own cryptocurrency to compete with Facebook
China is in the final phase of creating its own cryptocurrency, which would come at a time when Facebook's virtual asset is emerging as a revolutionary payment methods.
This is something almost completely new to the Asian giant, given that…
Tim Cook opposes to the creation of a Libra-style digital currency
Tim Cook, chief executive of Apple Inc, said on Thursday that companies should not try to establish themselves in power by launching competing currencies into the market, referring to the Libra, the Facebook cryptocurrency scheduled to…
Germany warns about Facebook cryptocurrency Libra
The German Ministry of Finance warned about the digital currency Libra, the cryptographic currency of Internet giant Facebook.
"The issue of a currency should not be in the hands of a private company, because this is a basic element of…