Facebook’s Libra: It’s Still Around, Just Reimagined

When Facebook first went public with its Libra cryptocurrency project, it was met with widespread disapproval from legislators and regulators around the world. The backlash was severe, with legislators threatening to hold hearings and introduce legislation to stop Libra, regulators expressing skepticism that Libra could comply with existing regulations, and even international organizations piling on […]

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What Effect Might SEC’s “Safe Harbor” Proposal Have on Cryptocurrencies?

With cryptocurrencies still very much in their growth phase, one thing has become abundantly clear: those localities that want to take the lead in the cryptocurrency sphere are those that most loosely regulate cryptocurrencies. Countries like China, which once dominated the cryptocurrency world, will fall behind as they attempt to crack down on private cryptocurrencies. […]

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Will the Chinese Coronavirus Derail China’s Plans to Introduce a Digital Yuan?

China’s digital yuan, perhaps the largest and most important government-backed cryptocurrency project to date, was supposed to launch early this year. Development had been delayed this year, but earlier in January the Chinese central bank stated that its design process, standard-setting, and testing were rapidly nearing completion. But now that many areas of China are […]

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