2021-2-27 18:04 |
Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries.
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In an attempt to get on regulators’ good books, Facebook’s stablecoin project, Libra, has been rebranded to Diem. Libra Gets a New Name According to Reuters on Tuesday (Dec. 1, 2020), the Libra project underwent a name change and would now be known as “Diem”.
2020-12-2 14:00 | |
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Social media giant Facebook has announced a change of name for its digital asset Libra. The name change will happen today, as Facebook tries to win regulators hearts regarding the digital asset.
2020-12-3 13:49 | |
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Since its announcement in mid-2019, regulators have railed against Libra, arguing that the project could upend global monetary policy control protocols. Indeed, Libra’s emergence likely provided the catalyst for more serious considerations surrounding central bank digital currencies (CBDCs).
2020-12-2 20:30 | |
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Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it is “not tenable to list specific tokens such as USDT.
The stablecoins activity has taken a hit in recent weeks. The dominance chart reflected reluctance from market participants to buy assets. Bitcoin [BTC] was under pressure in the lower timefThe post Stablecoins see reduced activity amidst market uncertainty: What now? appeared first on AMBCrypto.
Garlinghouse criticizes the SEC and the U.S. government regarding Tether. Tether maintained dominance despite controversies, indicating resilience. In a recent development, Ripple [XRP] CEO The post Ripple CEO Brad Garlinghouse defends Tether stance: What did he say? appeared first on AMBCrypto.
Bitcoin-friendly nation El Salvador is working on a crypto regulatory framework and has enlisted help from a digital asset titan affiliated with the largest stablecoin.
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
USDC surpasses USDT, indicating a shift in stablecoin market dynamics. Leaders stress aligning stablecoins with democratic values and transparent regulations. In a surprising development, CiThe post USDC surpasses Tether USDT - A sign of stablecoins' future? appeared first on AMBCrypto.
Tether, the largest company in the digital asset industry, has announced a strategic investment of $200 million into Blackrock Neurotech, a leading pioneer in Brain-Computer-Interface (BCI) technology.