WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto

WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.

Facebook’s Zuckerberg Highlights Digital Commerce, But Not Libra, in 2030 Vision

Mark Zuckerberg said Facebook wants to build commerce tools for small businesses which use the social media giant's apps, but noticeably avoided mentioning the Libra stablecoin project in his 2030 vision.

Australians Won’t Use Libra, Believes Central Bank

Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.

Libra Association Exec: World Needs Us Because Bitcoin Is ‘Not a Means of Payment’

Libra Association Vice Chair Dante Disparte spoke at the Digital Money Forum at CES 2020, arguing for Libra's advantages over other bitcoin.

What Is a Cryptocurrency? We Need Clearer Definitions

In the wake of Libra and CBDCs, we need better definitions for what is and isn't a cryptocurrency.

Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

Facebook’s Social Media Platforms May Give Libra Unfair Advantage, Says ECB’s Lagarde

Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde.

Libra Lacks Clarity on ‘Opaque’ Currency Basket, Says Fed Reserve Governor

Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.

Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.

Too Early to Tell if Libra Is a Security, CFTC Chairman Says

Despite some headlines, CFTC chief Heath Tarbert didn't actually say Libra is a security, even if it is different from commodity bitcoin.