• Lagarde digital euro Libra
    Cryptocurrencies,  Politics

    ECB President: Digital euro won’t replace cash, might make room for Libra

    European Central Bank President Christine Lagarde may have left the door open for the Facebook-founded stablecoin, saying that a digital euro could compete with private digital currencies

    In the biggest hint yet that the ECB is open to the idea of welcoming a project like Libra—subject to regulatory compliance, of course—Lagarde said a digital euro “could provide an alternative to private digital currencies and ensure that sovereign money remains at the core of European payment systems.

  • Libra

    Blockchain Capital joins Libra Association

    Leading VC joins the would-be stablecoin creator, adding a badly needed boost after a summer of rebuilding

    Saying the firm believes “deeply in the mission of creating a more equitable payment system,” Blockchain Capital Co-founder and Managing Partner Bart Stephens added that using “blockchain technology to improve financial access and promote innovation has been at the core of Blockchain Capital’s portfolio strategy.”

  • Europe clamps down on Libra
    Politics,  Regulation

    EU leaders to Libra: Follow tough rules or face ban

    In new proposals, some of Europe’s biggest economies want Facebook’s stablecoin project to be based in the EU and not in Switzerland… or else

    Five of Europe’s biggest economies are urging the European Commission to enforce strict regulations for stablecoins—in the surest sign yet that Facebook’s embattled Libra project isn’t out of the woods despite drastic changes.

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