Facebook Inc. has become extremely volatile after rejecting $305 to $300 price level. Facebook Inc. broke below $270 psychological price area.
According to the U.S. Treasury Department, G7 finance officials have expressed “strong support” for the need for cryptocurrency regulation.
Japan is planning to consider the possibility of issuing CBDC in cooperation with other countries in this year's official economic plan.
The Bank of Lithuania, or BoL, will begin the pre-sale of CBDC based Digitial Token, called LBCOIN. Next week, 24,000 LBCOIN will be available for sale.
Facebook is making changes to the Libra Project. The company will start supporting existing fiat currencies alongside the Libra token when it launches.
The Bank of Canada said that it has no plans to issue digital currency at this time. But preparations are underway to build the capacity to do.
Chief cashier of BoE has expressed support for the central bank digital currency (CBDC). She urged other central banks to consider developing CBDC.
EU can't regulate facebook's Libra due to a lack of information on the project. The Commission sent the Libra association a series of questions.
Fed Chairman Jerome Powell has spoken in favor of private Crypto transactions in his recent comments to the House Financial Services Committee.
The Australian Prudential Regulation Authority (APRA) is seeking to oversee Facebook Libra Stablecoin Regulations in Australia.