After diving deep into Facebook's Libra project, Binance Research discovered that the proposed concept could change the face of the payments industry.
The Libra Association is now considering offering stable coins. A congresswoman said she would continue to work to make Facebook’s Libra a security.
The Financial Stability Board (FSB) recommends common stablecoins regulation for all businesses, regardless of the technology used.
BoE, issues a discussion paper on the CBDC. Governor said, despite the Bank of England’s interest in digital currency, it still has a long way to go.
Tagomi puts its support behind Facebook's Libra' Cryptocurrency. Tagomi will have to contribute at least 10 million dollars in the Libra reserve.
According to Kozo Yamamoto (Head of the Liberal Democratic Party), Japan plans to create Yen Digital Currency. It should be done within two to three years.
US lawmakers are looking to classify stablecoins as securities in the country. The proposed Libra crypto project could encounter another regulatory hurdle.
A new bill presented by a bipartisan group of US lawmakers could define Facebook's Libra coin as a kind of "security" of the developing cryptocurrency.
What is Facebook Libra Coin? The Introduction of this cryptocurrency will open the path for future adoption of other digital currency.
EU plans to block Facebook Libra coins. EU is ready to prevent the development of risky digital currencies, including Libra.