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Libra
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
FATF Plenary Kicks Off Today
The Financial Action Task Force, a G7 initiative to develop policies against money laundering and terrorism financing, is holding an ongoing plenary session with cryptocurrency on its agenda. CoinDesk's Nikhilesh De sheds light on what to expect and the implications for the crypto community. He also discusses new observations about the Facebook-backed Diem project, formerly known as Libra.
State of Crypto: Reflecting on Libra's (Regulatory) Legacy
Facebook unveiled the Libra project a little over two years ago today. The original vision may have died but its legacy will live on.
Libra Co-Creator Still Has Regulatory 'PTSD' From Her Time at Facebook
To change global payment rails, "you probably need to be a cowboy if you're a startup," Morgen Beller said.
Diem Co-Creator Says Original Plan for Stablecoin Was 'Naive'
Diem, the latest iteration of Facebook's ambitious Libra project, had to make multiple concessions to calm the regulators. Chief Economist Christian Catalini explains the evolution.
Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin
Diem is moving its "primary operations" from Switzerland to the U.S.
Understanding the Challenges of Developing a Financially-Inclusive Crypto Payments Platform
Dante Disparte, Chief Strategy Officer at Circle, comments on Turkey's crypto payments ban and the outlook for stablecoins, including Circle's popular USD Coin (USDC). Also, does Coinbase going public affect Circle's partnership with the exchange? And what are his thoughts about Facebook-backed Diem (formerly known as Libra) looking back on his earlier work as a leader of that project? Disparte shares what he learned about regulatory concerns and how Circle is focused on a similar mission, bringing crypto to the unbanked.
Circle Brings on Former Libra Vice Chair Dante Disparte in Potential Blow to Facebook Stablecoin Effort
Disparte will help Circle's global expansion efforts, CEO Jeremy Allaire wrote in a blog post.
Don't Follow the Suits, Follow the Weirdos
The big wins in crypto are going to come from the punks, hippies and contrarians. In this very bullish season, don't be enraptured by the “grownups.”
BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
