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Facebook Libra stablecoin project to launch in January 2021
According to a new report from the Financial Times, Facebook’s Libra project will be launched in January of 2021. it will be a stablecoin backed by the US dollar. The report cites three people working on Libra project who state that the Libra AssociatiRead More »China to apply blockchain technology in cross-border financing
China is researching the application of blockchain and aritificial intelligence (AI) in cross-border financing.According to Reuters; Lu Lei, a deputy head of the State Administration of Foreign Exchange (SAFE), claimed: “We need to pay special attRead More »Facebook’s Cryptocurrency Abandoned
Facebook Inc.’s efforts to establish a global digital currency called Libra suffered more setbacks as major payment companies including Mastercard and Visa Inc. quit the group behind the project, Reuters reports.The two companies announced they would lRead More »