Bitcoin
$48,017.47+0.00%
Ethereum
$3,431.92-1.06%
XRP
$1.07-0.66%
Cardano
$2.36-0.70%
Polkadot
$34.12-0.17%
Stellar
$0.323088-0.26%
Dogecoin
$0.240025-1.38%
Chainlink
$28.22-0.79%
Uniswap
$24.31-2.21%
Polygon
$1.36-4.08%
Litecoin
$180.16-1.47%
Bitcoin Cash
$636.64+0.93%
Algorand
$2.09+6.76%
Cosmos
$39.56+15.80%
Wrapped Bitcoin
$48,028.61+0.04%
Filecoin
$83.89-2.23%
The Graph
$0.826896-1.39%
Tron
$0.104415-2.83%
Ethereum Classic
$56.72-1.22%
Aave
$352.09-2.79%
Tezos
$6.41+2.79%
EOS
$5.31+1.39%
NEO
$49.32-0.39%
Monero
$269.25+0.92%
IOTA
$1.62-3.50%
BitTorrent
$0.003917-1.20%
Bitcoin SV
$159.03+0.49%
Waves
$28.54-2.20%
Maker
$2,838.95+0.02%
Dash
$198.25-2.28%
Decred
$140.66-4.50%
Decentraland
$0.817406-1.26%
ICON
$1.89-1.92%
NEM
$0.183151-0.73%
Zcash
$139.02+0.89%
Qtum
$12.42-1.57%
NuCypher
$0.331449-0.58%
Bitcoin Gold
$66.09-0.34%
Yearn Finance
$33,750.35-0.07%
OmiseGO
$8.75+2.01%
Basic Attention Token
$0.745000-1.96%
0x
$1.11+0.31%
Paxos Standard
$0.990794+0.95%
Ren
$0.958957-9.86%
Fetch.ai
$0.823409-2.75%
Bancor
$4.05-1.23%
Siacoin
$0.018956+2.61%
Band Protocol
$9.22-0.34%
Kava.io
$6.28+0.93%
Nano
$5.62+1.18%
Loopring
$0.458489-0.65%
Storj
$1.38-0.78%
Civic
$0.523268-3.17%
Lisk
$3.59+1.05%
Numeraire
$46.17+2.07%
Orchid
$0.372469+1.64%
PAX Gold
$1,766.91+0.27%
Augur
$26.07-0.37%
Aragon
$6.33+7.36%
Enzyme
$120.96+4.46%
district0x
$0.175672+0.42%
Kyber Network
$1.80-1.90%
SingularDTV
$0.001467-0.66%
Tether
$1.00+0.02%
USD Coin
$1.00+0.02%
Dai
$1.00-0.03%

Why High-Profile Defections Aren’t Libra’s Biggest Challenge

Libra has lost another Association member, but according to @nlw that’s likely low on their worries list, plus Square’s LN efforts & TON’s SEC support.

Jan 22, 2020 at 8:00 p.m. UTC
Updated Sep 13, 2021 at 12:11 p.m. UTC

Libra has lost another Association member, but according to @nlw that’s likely low on its worries list, plus Square’s LN efforts & TON’s SEC support.

News broke yesterday the Libra Association had seen its eighth high-profile defection, this time from the telecom giant Vodafone. In today’s episode of The Breakdown, @nlw argues Association membership is far less of a factor in Libra’s success than key regulatory questions around domiciling, the value peg and the U.S.’s fear of a Chinese digital currency.

Also in this episode, Square Crypto announced its plans for a "Lightning Development Kit" while Square also announced a new patent that could make crypto easier to use. In regulatory battles, meanwhile, both the Blockchain Association and the Chamber of Digital Commerce have filed amicus briefs around the SEC-Telegram lawsuit. 

Topics Discussed

Find more episodes of The Breakdown on CoinDesk

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...