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Libra
What Is a Cryptocurrency? We Need Clearer Definitions
In the wake of Libra and CBDCs, we need better definitions for what is and isn't a cryptocurrency.
Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official
PBOC wants to distinguish its own digital currency from rival private initiatives.
Facebook's Social Media Platforms May Give Libra Unfair Advantage, Says ECB's Lagarde
Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde.
Libra Lacks Clarity on 'Opaque' Currency Basket, Says Fed Reserve Governor
Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.
Mnuchin 'Fine' With Libra Launch, But Crypto Project Must 'Fully' Comply With AML Rules
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.
Too Early to Tell if Libra Is a Security, CFTC Chairman Says
Despite some headlines, CFTC chief Heath Tarbert didn't actually say Libra is a security, even if it is different from commodity bitcoin.
Global Crypto Framework Needed to Stop 'Regulatory Arbitrage,' Watchdog Warns
Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.
European Union to Regulate Stablecoins, Not Issue Its Own: Source
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
Libra Won't Spread as Quickly as Facebook, Says Calibra Exec
Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.
Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar
Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar.
