The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?
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Finance professionals predict US first to global digital currency
China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’
China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.
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Full speed ahead for Calibra, says Facebook’s Kevin Weil | Interview
Libra’s co-creator on scaling blockchain for financial inclusion
It’s been a pretty intense month for the Libra Association, whose stablecoin has come under intense scrutiny from the U.S. Congress and the G7 over fears of destabilizing the global financial system when it launches next year.
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Mark Zuckerberg gets Waters-boarded at House hearing on Facebook’s Libra
While drawing praise and condemnation for the stablecoin project, the social media giant’s CEO waved the flag and attacked China
Mark Zuckerberg is a proud American. And Facebook, despite being used by 2.7 billion people around the globe, is first and foremost an American company with American values.
