. These new digital coins are designed to overcome the wild price swings that have rendered bitcoin impractical for commerce and payments.
The world’s largest social media network announced plans in June to launch the new currency as it expands into e-commerce, but Libra has come under fire from regulators around the world worried about its impact on the financial system and potential for use in money laundering. David Marcus, Facebook’s top executive overseeing the project, tweeted after Coeure’s remarks that Libra would continue to engage central banks, regulators and lawmakers to address concerns.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Attack on Saudi oil sites raises risks amid U.S.-Iran tensionIran has denied that it was involved in Yemen rebel drone attacks the previous day that hit the world's biggest oil processing facility and an oil field in Saudi Arabia. It's not serious !! As usual US close his eyes For a given quantity of `X'. How about “unprecented disruption & opportunity for Canadian energy?” 5% of global consumption taken offline & 🇨🇦 using 25% of our drill rig fleet for past 5 years can’t make up the lost barrels in our own county (east) let alone displace Saudi in global markets. 🤦♂️ insanity!
Source: CTVNews - 🏆 1. / 99 Read more »
OSFI running ‘risk culture’ surveys on banks to crack down on misconductThe regulator is scrutinizing the banks’ policies on a wide range of issues, including ethics, codes of conduct, conflicts of interest, whistle-blowers and rogue employees
Source: globeandmail - 🏆 5. / 92 Read more »
Report: NFL to meet with Antonio Brown accuser Monday - TSN.caA person with direct knowledge of the situation says the NFL plans to meet Monday with a woman who says she was raped by New England Patriots receiver Antonio Brown. NFL decides to meet with AB84 accuser AFTER he suits up and plays for the Patriots Gotta make sure the Patriots have their best team on the field. Profit before principles. That’s indicative of today’s nfl NFL100
Source: TSN_Sports - 🏆 80. / 51 Read more »