Category: Facebook Diem
The United States Treasury considers stablecoins to be a significant concern and is readying regulation, according to a report from Bloomberg.
The post US Treasury Concerned About Stablecoins, Readying Regulation appeared first on BeInCrypto.
Facebook might look to integrate non-fungible tokens (NFTs) and related features into its Novi digital wallet, according to an executive.
The post Facebook Could Include NFT Features in Novi Digital Wallet appeared first on BeInCrypto.
The Facebook Diem Network has partnered with the K2 compliance and monitoring firm to combat illicit financial activity on its network.
The post Facebook Diem Network Partners With K2 Integrity to Fight Illicit Financial Activity appeared first on BeInCrypto.
U.S. Federal Reserve Chair Jerome Powell said that a dollar-based CBDC could undercut the need for cryptocurrencies and stablecoins.
The post Fed Chairman: Dollar-Based CBDC Could Reduce Need for Stablecoins appeared first on BeInCrypto.
Billionaire real estate mogul Frank McCourt is investing $100 million into a blockchain-based social network protocol.
The post Real Estate Mogul Investing in Blockchain-Based Social Network appeared first on BeInCrypto.
PayPal’s VP of blockchain and cryptocurrencies said that the platform would soon let users withdraw crypto from the platform into external wallets.
The post PayPal to Allow Crypto Withdrawals to External Wallets appeared first on BeInCrypto.
BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.
The post What Changed in Crypto Markets While You Were Sleeping — May 13 appeared first on BeInCrypto.
Facebook’s stablecoin entity, the Diem Association, is relocating from Switzerland to the US, buoyed by the evolving regulatory landscape of the country.
The post Facebook Diem Association to Move from Switzerland to US appeared first on BeInCrypto.
There’s always a light at the end of the tunnel and so it has been for the Facebook Diem project, formerly Libra! On Wednesday, May 12, Facebook’s digital currency group Diem Association announced the launch of its USD-pegged stablecoin dubbed Diem USD. After going back and forth, facing major regulatory walls, making multiple tweaks. Facebook
The post Facebook’s Diem Enters Crypto Space With Diem USD Stablecoin appeared first on Coingape.
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