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Category: Libra

State-owned Chinese bank rolls out ATMs for digital yuan

January 11, 2021 Cointelegraph By Greg ThomsonnCBDC, China, Libra, Yuan

The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan.

New name, old problems? Libra’s rebrand to Diem still faces challenges

December 31, 2020 Cointelegraph By Gareth JenkinsonDiem, Facebook, Libra, Novi

The Diem Association’s rebrand from Libra was supposed to herald a new day for the project, but a touted 2021 launch may not go as planned.

What Are Stablecoins?

December 29, 2020 Alyssa HertigDAI, Diem, Evergreen, Explainers, learn, Libra, makerdao, Markets, Policy & Regulation, Stablecoins, Tether

A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.

With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto?

December 15, 2020 Cointelegraph By Kollen PostAML, Calibra, Department of Justice, Government, Libra, US government

Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto.

China has no plan to replace USD with digital yuan, former PBoC head says

December 14, 2020December 14, 2020 Cointelegraph By Helen PartzCBDC, China, Facebook, Libra, People’s Bank Of China, Yuan

A former PBoC official says that his country has taken a cautious approach with the digital yuan.

FTC sues Facebook in antitrust lawsuit as regulators mount offensive

December 10, 2020December 10, 2020 Cointelegraph By Andrey ShevchenkonDiem, Facebook, FTC, Libra, WhatsApp

Regulators around the globe are increasingly turning hostile to the social media behemoth.

Hundreds of millions of consumers will use digital currencies soon: Circle CEO

December 9, 2020 Cointelegraph By Joshua MappersonCBDC, Circle, Coinbase, Diem, Digital Currencies, Libra, News, Regulation

Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival.

Facebook hopes to launch its crypto and wallet in 2021, top exec says

December 8, 2020 Cointelegraph By Helen PartzFacebook, Libra, Payments, Stablecoin

The social media giant has rebranded in hopes of scoring regulatory approval.

Carpe ‘Diem’: Lawsuit threatened over Facebook’s Libra rebrand plan

December 8, 2020 Cointelegraph By Samuel HaigDiem, Facebook, Libra

Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name.

Rebranded Libra Still a ‘Wolf in Sheep’s Clothing’: German Finance Minister

December 7, 2020 Jaspreet KalraDiem, Europe, Germany, Libra, News

German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.

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