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Libra
CBDC Issuance Is 'Not a Reaction' to Libra, Says Central Bank Body
The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.
Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’
Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.
Libra Is Ready for the Digital Money 'Space Race': Dante Disparte
Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.
How a Fatal Weakness Forced Libra to Capitulate
While Bitcoin created an alternative financial system independent of government, Libra’s architecture depends on the existing fiat currency system – and on the whims of the governments that control it.
Libra Payments Can Boost Facebook's Ads Business, Zuckerberg Says
Libra can make it easier for Facebook's users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.
Blockchain Bites: Facebook's Calibra Facelift and Tencent's 'New Infrastructure' Investments
Facebook's digital wallet subsidiary has rebranded as Novi while a series of bitcoin transactions cast doubt on Craig Wright's claims.
To See Libra's Potential, Look at the Philippines, Not the US
Some have written off Libra as a watered-down project. But you can see its potential in places where Facebook use is high and payment standards are low.
Facebook’s Toothless Oversight Board Has Lessons for Blockchain
Facebook's new "oversight" board includes impressive names, but its formal powers are necessarily limited. There are learnings for blockchain governance.
Libra Taps Another Former FinCEN Official as General Counsel
Robert Werner is the second former FinCEN staffer to join the Libra Association this month.
First State-Owned Entity Joins Libra Association
Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.
