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Facebook Libra
Does the Metaverse Need a Free Trade Agreement?
It’s seeking to be the centerpiece of Web 3, but a successful metaverse could run headfirst into some old-style protectionist barriers like work permits and data blocks, trade policy expert Sam Lowe tells us.

Team Bringing Diem Blockchain to Life Confirms $200M Raise, Says Coinbase and More Are Building on Devnet
Aptos announced the funding round Tuesday and said major crypto brands were already contributing code.

Silvergate's Acquisition of Diem's Assets Positive for Stablecoin Launch, Analysts Say
The crypto-focused bank plans to launch a stablecoin by the end of the year.


Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand
Mark Zuckerberg’s vision for the metaverse has little to do with the open, interoperable vision first articulated by the blockchain industry.

Libra Scales Back Global Currency Ambitions in Concession to Regulators
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

Ex-PBoC Governor Urges China to Join Global Conversation on Libra
A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.

Facebook's Libra Pushes Back at Claims Project Is Threat to Financial Stability
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.
