Facebook’s libra cryptocurrency will be discussed as a delegation of American lawmakers visits Switzerland in the coming days.
Browsing: Cryptocurrencies
In this episode of the podcast, Jonathan Ovadia, co-founder and CEO of Ovex, a relatively new cryptocurrency exchange based in Cape Town, joins TechCentral’s Duncan McLeod for a discussion on the crypto market.
Investors are being forced into bitcoin and gold by persistent monetary stimulus by global central banks, which has eroded the store-of-value characteristics from traditional financial markets. By Rob Price.
The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official.
With worries about a currency war growing and bond yields collapsing, investors have reached for their usual haven of gold. Only this time it has a friend: bitcoin.
The group behind the Facebook-backed libra digital currency has said it will ensure it meets privacy standards after data protection authorities raised concerns about its design.
Bitcoin climbed past the $11 000 level for the first time since mid-July to lead gains among the biggest cryptocurrencies, as risk assets across Asia tumbled on escalating trade war tensions.
As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology. That, many said, was the smarter bet. Now, the tables have turned.
Regulators will need to “step up” to contain any dangers emanating from Facebook’s planned libra token, but shouldn’t attempt to crush the initiative, according to International Monetary Fund acting MD David Lipton.
Bitcoin slid below $10 000 just three weeks after surging above it for the first time in more than a year as US legislators expressed deep scepticism about the viability of cryptocurrencies.