• Libra’s two-year delay
    Regulations needed for Libra to go forward are at least two years off (Photo: Flickr/MarcoVerch)
    Libra,  Regulation

    Libra’s two-year delay

    The financial leaders represented by the G7 and G20 countries have said that the Facebook-founded Libra stablecoin will have to wait until mid-2022 at earliest to launch

    October 13, 2020 /

    On Oct. 13, the Financial Stability Board released a report commissioned by the G20 that laid out a timeline that calls for the assessment of global stablecoin rules by July 2022.

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  • Embattled Libra Association
    David Marcus says he is "excited with the progress of the new Libra." (Photo: Flickr/AdamTinworth)
    Cryptocurrencies,  Politics

    Embattled Libra Association’s radical overhaul

    With a rewritten white paper and a ‘watered-down’ concept, Facebook’s controversial Libra stablecoin project is hoping to succeed in wooing regulators the second time round

    April 17, 2020 /

    After receiving a fierce and unequivocal pushback from regulators worldwide, an embattled Libra Association now plans to offer digitized versions of single currencies—paving the way for a Libra dollar (LibraUSD), Libra euro (LibraEUR), and Libra pound (LibraGBP) in addition to the Libra payment token (≋LBR).

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