Friday, 27 Nov 2020 05:40 PM MYT
The move would represent an even bigger scaling-back of the project’s ambitions than that proposed in April in response to a regulatory and political backlash against the project. The Libra Association, of which Facebook is one of 27 members, is seeking the go-ahead from Switzerland’s markets watchdog to issue a series of stablecoins backed by individual traditional currencies, as well as a token based on the currency-pegged stablecoins.
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook-backed Libra renamed Diem in quest for approvalThe name switch is part of a move to emphasise a simpler, revamped structure. FMTNews Facebook
Source: fmtoday - 🏆 5. / 72 Read more »
Asia Broadband unveils gold-backed cryptocurrency token sales launch | Malay MailKUALA LUMPUR, March 23 — Asia Broadband Inc (AABB or the Company) has announced the sales launch of the Company’s AABB Gold (AABBG) cryptocurrency token developed by Core State Holdings Corp (CSHC). In order to purchase tokens, AABB Wallet users must update the app or download to install the...
Source: malaymail - 🏆 1. / 86 Read more »
SoftBank-backed WeWork to begin accepting payments in cryptocurrencies | Malay MailNEW YORK, April 20 — SoftBank-backed office-sharing startup WeWork said today it would begin accepting payments in select cryptocurrencies and partner with Coinbase Global Inc and payment app Bitpay to facilitate transactions. WeWork joins a clutch of high-profile firms that have dived into the...
Source: malaymail - 🏆 1. / 86 Read more »
Iran tells IAEA it plans to scale back cooperation in a week | Malay MailVIENNA, Feb 17 — Iran has told the UN nuclear watchdog it will dramatically scale back cooperation with it in a week, a report by the agency to its member states showed yesterday, ratcheting up protests against US sanctions still choking its economy. Iran has accelerated its breaches of its 2015...
Source: malaymail - 🏆 1. / 86 Read more »